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
Oliga [24]
3 years ago
4

A production possibilities frontier shifts outward when a. the desires of the economy’s citizens change. b. the economy experien

ces economic growth. c. at least one of the basic principles of economics is violated. d. opportunity costs are lessened.
Business
1 answer:
Jet001 [13]3 years ago
7 0

Answer:

The correct answer is b.

Explanation:

A production possibility frontier or curve shows the different combination of two goods that can be produced using limited resources.  

This curve is concave to the origin because of increasing opportunity costs. This means as we increase the production of a good, the opportunity cost of giving up its alternative goes on increasing.  

An outward shift in opportunity cost means that there is an increase in production. This shift is an indicator of economic growth. An inward shift, on the other hand, shows a reduction in production.

Production or output may increase because of the increase in inputs or because of improvement in technology.

You might be interested in
according to the rule of 72, if the GDP of the Apex Federation is growing at 1.3% per year, its economy will double in approxima
Cerrena [4.2K]
It will double in 13 years
5 0
3 years ago
A balance is _____.
Serggg [28]

Answer:

money you pay banks

Explanation:

8 0
4 years ago
New classical economists say that an unanticipated increase in aggregate demand first: Group of answer choices increases the pri
pentagon [3]

Answer:

increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output.

Explanation:

In the case of New classical economists, if there is an increase in aggregate demand i.e. non expected would rise the level of price and real output. After this decrease the aggregate supply i.e. short run in order to get the economy return to the full employement output level

Therefore as per the given situation, the first option is correct

And, the rest of the options would be incorrect

5 0
3 years ago
Titchener opposed the development of areas such as child psychology and animal psychology because psychology should instead be i
weqwewe [10]

Answer:

The correct answer is: these areas did not focus on discovering the structures of mind.

Explanation:

Titchener put aside child psychology and animal psychology, separating them from the main body, which we saw Wundt did not do. Titchener did not deny the study of the behavior of children and animals provided valuable information; rather, he denied that the information provided was psychological.

Titchener not only maintained that psychology should be experimental, it also held that it should be pure.

As he saw it, scientists had to stay out of considerations about the practical value of what they are doing. Consequently, I never accept that works on individual differences made by Cattell and others were an important contribution to psychology. I approve of the notion that the function of psychology was the search for means to help sick minds. He denied in a caustic way the possibility of someone becoming a psychologist through a defective untrained self-examination process.

4 0
3 years ago
Marissa is preparing a cash budget for the Chief Financial Officer. What is this an example of?
swat32

Answer:      

Managerial accounting

Explanation:

Managerial accounting refers to the process to classify, calculate, assess, analyze, and convey financial data to executives to achieve the objectives of a company. It differs from financial reporting since the primary objective of managerial accounting is to support people in creating well-organized business decisions within the corporation.

Managerial accounting includes several aspects of accounting designed to improve the standard of the education given to administration regarding indicators of the commercial business. Management accountants utilize details about both the expense and sales income of the firm's produced products and services.

7 0
3 years ago
Other questions:
  • Assume that Jing Company earned $29,400 cash revenue and incurred $18,500 in cash expenses in Year 3. The company uses the strai
    15·1 answer
  • A manager checked production records and found that a worker produced 185 units while working 50 hours. In the previous week, th
    11·1 answer
  • The __________ is a graphical representation of the term structure of interest rates.
    13·1 answer
  • Perpetual Batteries recently came under criticism when a newspaper article revealed that the company's production plant had leak
    13·1 answer
  • Total quality management can be a boon to a business in many aspects of its operation, however it will not work if management fa
    11·1 answer
  • Eukaryotic cells are continually taking up materials from the extracellular space by the process of endocytosis. One type of end
    11·1 answer
  • Which kind of advertising aims at increasing sales by informing the public of a company's capabilities?
    12·1 answer
  • TP1. <br> LO 4.1Can a company use both job order costing and process costing? Why or why not?
    11·1 answer
  • Bonnie manages the distribution network for her company, which manufactures mountain bikes. Her company’s bikes are sold across
    8·1 answer
  • The Lunch Counter is expanding and expects operating cash flows of $32,500 a year for seven years as a result. This expansion re
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!