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Alekssandra [29.7K]
3 years ago
5

Both country 1 and country 2 are located on their respective production possibilities frontiers (PPFs) for consumer goods and ca

pital goods, but country 1 produces twice the output of both types of goods compared to country 2. It follows that
A. country 1's PPF lies further to the right than country 2's PPF.
B. country 1 has a smaller population than country 2.
C. country 1 has a bigger population than country 2.
D. country 1 is efficient and country 2 is inefficient. none of the above
Business
1 answer:
nikdorinn [45]3 years ago
7 0

Answer:

A) Country 1's PPF lies further to the right than country 2's PPF.

Explanation:

Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.

If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF.  As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.

Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.

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Answer:

Option B is correct one.

<u>Practicality</u>

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Natasha addressed practicality in her persuasive speech on question of policy. Because she is talking about on-ground realities.

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3 years ago
If a company adopts an accounts receivable factoring program, and accounts for the factoring as a sale of receivables, which of
horsena [70]

Answer:C. cash flow from operations may increase

Explanation:

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The factor may be with or without recourse to the firm selling the receivable.

It's mostly entered into to reduce payment defaults and increase inflow of cash for operations.

The factor company does not need to be a consolidated company,it usually reduce the receivable and does not require a change in accounting principles.

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3 years ago
If the dollar contribution margin per unit is increased by 8%, total fixed expenses is decreased by 18%, and all other factors r
satela [25.4K]

Answer:

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2 years ago
The ability of an organization to effectively identify, acquire, foster, and retain loyal profitable customers is:
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Answer:

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Customer relationship management -

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3 years ago
A lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible
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True, A  lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible. Otherwise, the errors in the estimation get compounded.

What does market size actually mean?

  • The total number of prospective customers for a good or service inside a certain market, along with the potential revenue from those sales, make up the "market size."
  • For a number of reasons, it's critical to determine and comprehend market size.

What is an example of market size?

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Learn more about market size

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