Answer:
Total indirect product costs $30,750
Explanation:
The indirect product costs refer to all the costs that are associated with the manufacturing overheads and can be calculated as follows:
Electricity used in the Factory $25,000
Factory foreperson salary $3,750
Maintenance of factory machinery $2,000
Total indirect product costs $30,750
Answer: False
Explanation: The PPC curve is one that illustrates the varying amounts of two products that can be produced when both depend on the same finite resources.
If an economy is operating at a point outside the production possibility curve (PPC) it indicates that the society is producing at an output level that is currently unattainable by its present economy . In other words, it implies growth and that more of both goods indicated by the PPC cannot be produced with the limited resources available.
Answer:
A fire-breathing winged serpent adores crunching biscuits more than anything on earth, subsequently his name, the Muffin Dragon. An awesome anecdote about basic financial matters as it identifies with this mythical dragon and merciful yet poor people who live in a once-over mansion in the forested areas
Explanation:
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