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damaskus [11]
3 years ago
10

There are two nations that, using all of their resources, both produce lemon drops and boxes. Nation A can produce either 300 le

mon drops and 0 boxes per day or 100 boxes and 0 lemon drops per day or any combination that lies on its constant cost PPC. Nation B can produce either 200 lemon drops and 0 boxes per day or 200 boxes and 0 lemon drops per day or any combination that lies on its constant cost PPC.
Required:
Draw a correctly labeled PPC for each nation. Use lemon drops on the vertical axis and boxes on the horizontal axis.
Business
1 answer:
In-s [12.5K]3 years ago
7 0

Answer:

I drew the production possibilities frontier curve for both nations, A and B, and attached it.

Explanation:

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Answer:

The answer is letter D.

Explanation:

The difference is statistically significant, large, and important.

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What type of a seating arrangement is suitable in case a meeting requires intense interaction
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If a competitive firm can sell a ton of steel for $500 a ton and it has an average variable cost of $400 a ton, and the marginal
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Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising co
Deffense [45]

Answer:

(i) $34,200

(ii) $55,860

(iii) $23,960

Explanation:

Total sales = $ 240,000 + $392,000 + $168,000

                  = $800,000

Department 1:

sales = $240,000

Percent of total = sales ÷ Total sales

                          = $240,000 ÷ $800,000

                          = 0.3

Allocated amount = % of total × advertising to allocate

                              = 0.3 × $114,000

                              = $34,200

Department 2:

sales = $392,000

Percent of total = sales ÷ Total sales

                          = $392,000 ÷ $800,000

                          = 0.49

Allocated amount = % of total × advertising to allocate

                              = 0.49 × $114,000

                              = $55,860

Department 3:

sales = $168,000

Percent of total = sales ÷ Total sales

                          = $168,000 ÷ $800,000

                          = 0.21

Allocated amount = % of total × advertising to allocate

                              = 0.21 × $114,000

                              = $23,940

3 0
3 years ago
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