1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kay [80]
3 years ago
6

Which of the following will not cause the production possibility frontier to shift? Group of answer choices the introduction of

"fiber optic" technology a land reclamation program an increase in the working population a reduction in unemployment an explosion destroying a chemical plant
Business
1 answer:
algol133 years ago
6 0

Answer:

an increase in the working population

Explanation:

The Production possibilities frontier (PPF) is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.  

The PPF can shift either inward or outward.

An outward shift is associated with an increase in output while an inward shift is associated with a reduction in output.

Factors that cause the PPF to shift

1. changes in technology. technological progress leads to outward shift of the PPF. introduction of "fiber optic" technology would shift the PPF outward.

2. changes in available resources. a land reclamation program would increase the land available for production and this would increase output. While an explosion destroying a chemical plant would reduce output and lead to an inward shift of the PPF

3. changes in the labour force. A decrease in unemployment would increase output and shift the the PPF outward

Working population is the number of people between 15-59.

You might be interested in
Which of the following would be classified as a short-run decision? A restaurant's decision to increase the number of patrons it
podryga [215]

Answer:

A university's decision to add a new residence hall. A trucking firm's decision to move to a smaller facility.

Explanation:

Short run decision affects variable factor only. Adding a new facility is a long run decision. Hence a firm's decision to decrease the amount of electricity used in day-to-day operations by encouraging employees to adopt conservation strategies is a short run decision.

Hence, the correct answer would be:

A university's decision to add a new residence hall. A trucking firm's decision to move to a smaller facility.

4 0
3 years ago
Miriam's employer offers paid vacations, health insurance, and life insurance, as well as a 401(k). Currently, Miriam is partici
Lelechka [254]

Answer: A cafeteria plan

8 0
3 years ago
In order for a country to progress from a less developed country (LDC) to a moderately developed country (MDC), the country woul
Margaret [11]

Answer:

d) raise the per-capita income

Explanation:

A less developed country is a country with a low per capita income. They usually don't have a sustainable development.

A moderately developed country is a country that has a per capita income of between $1000 - $12,000.

Per Capita income = GDP / population

I hope my answer helps you.

7 0
3 years ago
Suppose buyers of fountain drinks are required to send $0.50 to the government for every fountain drink they buy. Further, suppo
Mekhanik [1.2K]

Answer:

d. All of the above are correct.

Explanation:

a. This tax causes the demand curve for fountain drinks to shift downward by $0.50 at each quantity.

b. The price paid by buyers is $0.30 per drink more than it was before the tax.

This is true as the difference between $0.50 and $0.20 is $0.30. The price paid by buyers is indeed $0.30 per drink more than it was before the tax.

c. Forty percent of the burden of the tax falls on the sellers.

This is true as $0.20 of $0.50 is 40% and this tax burden falls on the sellers.

8 0
3 years ago
What do the three numbers at the bottom of the check stand for?
Vadim26 [7]

Answer:

Routing number, account number and check number

Explanation:

There are three numbers present at the bottom of the check. On the left side or the first number is a nine digit number that is also called RTN, is routing number. This represents the code of the bank where the account was opened.

Second number in the middle is the account number which is a unique number. All transactions are carried out using this number.

The last number on the right side is the check number. It just represents the check number that one is writing to maintain records.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Refer to Exhibit 9.7, which shows the cost and revenue curves for a monopolist. If the monopolist does not price discriminate am
    10·1 answer
  • Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade s
    13·1 answer
  • Wilma's Widgets had net sales of $ 20,882,696 in 2010. The cost of goods sold was $ 13,765,751 , operating expenses (excluding d
    12·1 answer
  • George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufactu
    6·1 answer
  • Addams Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be repor
    8·1 answer
  • Cell Phones for Soldiers is a nonprofit organization with a long-term commitment to one cause. Suppose that FedEx volunteered to
    9·1 answer
  • What step in the investigative process would the development of timelines and interpretation of burn patterns be related to?
    15·1 answer
  • Abell and Creek, LLC has prepared the following flexible budget figures for the current period and is in the process of interpre
    7·1 answer
  • Which of the following is NOT a function of a distribution channel?
    12·1 answer
  • a broker sold a property that was owned by a bank that had acquired it through foreclosure, and the broker received a 6.5% commi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!