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ollegr [7]
3 years ago
7

The production possibilities model illustrates an inverse relationship between two goods or services because

Business
1 answer:
nikklg [1K]3 years ago
6 0

Answer:

production of different types will compete for limited resources.

Explanation:

           The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.

           The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.

          An economy has a very limited economic resource and therefore it can produce more number of one good by making only less of some another good.

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musickatia [10]

Answer:

C) legal component

Explanation:

When Jane got the job at Incogyn Inc she signed a contract that states she would receive $7,500 after all taxes are paid. Instead she was paid $7,230.

This is a misinterpretation of information, breach of the contract between Jane and Incogyn so the loss incurred was as a result of legal component of Incogyn Inc's environment.

When companies make deductions not previously agreed upon, the information should be passed along to the employees to avoid legal action.

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4 years ago
When making a large purchase, you should avoid everything except _______________________
vivado [14]

Answer:

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6 0
3 years ago
Stryker Industries received an offer from an exporter for 27,000 units of product at $17 per unit. The acceptance of the offer w
Aloiza [94]

Answer:

$162,000

Explanation:

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therefore,

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3 years ago
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Inga [223]

Answer:

refrigerator repair

Explanation:

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2 years ago
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