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emmainna [20.7K]
3 years ago
7

What is the opportunity cost of increasing the number of televisions produced by 4, moving from point B to point C?

Business
2 answers:
jeka57 [31]3 years ago
5 0

Answer:

2 Computers

Explanation:

damaskus [11]3 years ago
3 0

Answer: The opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.  When an economy is producing at a point on its production possibilities curve, the economy is using its resources fully and efficiently, e.g. .

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Upon her grandfather's death, Jordan inherited 10 shares of Universal Corp. stock that had a fair market value of $5,000. Her gr
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Answer: Jordan's recognized gain in the year of sale is $2500.

Explanation:

Given that,

Jordan inherited 10 shares of universal corp. stock upon her grandfather's death and have a fair market value of $5000

Jordan's grandfather purchase these shares in 1995 for $2500

After four months of her grandfather's death, Jordan sold all of the shares for $7500

So,

Jordan's recognized gain in the year of sale = the value of sale - the fair market value at the time of her grandfather's death

= $7500 - $5000

= $2500

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3 years ago
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In a capitalist economy the lenders are usually _____ and the borrowers are usually ______.
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6 0
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1. Assume a closed economy, perfectly elastic labor supply, and linear technol-ogy. Suppose the incremental capital-output ratio
Vera_Pavlovna [14]

Answer:

<u>Using the Harrod-Domar growth equation</u>

Growth rate = Saving rate / Capital output ratio

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Thus, the value of growth rate is 0.3%

When the incremental capital-output ratio is 3, to achieve the 5% growth rate, the gross saving rate is 0.24 or 24%

Exogenous growth: When the labor supply is perfectly elastic, then the exogenous does not allow any factor to substitute

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3 years ago
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