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4 years ago

If a production possibilities frontier appears as a downward sloping straight line, which of the following occurs?

Business

1 answer:

lora16 [44]4 years ago

8 0

Answer:

The correct answer is option d.

Explanation:

A production possibility curve shows the different bundles of two goods that can be produced using all the resources and technology available.

The slope of the curve represents the opportunity cost of producing a good.

We cannot increase the production of both goods, so we need to sacrifice one good if we want to increase the production of the other.

A straight line downward sloping frontier means that the opportunity cost of production is constant. This means that the resources are perfectly substitutable in the production of two goods. So throughout the production process, the marginal opportunity of producing each additional unit will remain constant.

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Over a four-year period, LaKeisha Thompson purchased shares in the Oakmark I Fund. Using the following information, answer the q

ArbitrLikvidat [17]

Answer:

LaKeisha Thompson

a. At the end of four years, the total amount invested is:

= $6,000

b. At the end of four years, the total number of shares purchased is:

= 166.81

c. At the end of four years, the average cost for each share is:

= $35.97.

Explanation:

a) Data and Calculations:

Investments in Oakmark I Fund:

Year Investment Price Number

Amount per share of share

Feb 2008 $1,500 $40 37.50

Feb 2009 1,500 30 50

Feb 2010 1,500 34 43.60

Feb 2011 1,500 42 35.71

Total $6,000 166.81

Average cost per share = $35.97 ($6,000/166.81)

7 0

3 years ago

Imagine you are a Starbucks executive traveling to China from the company’s U.S. headquarters. You are going to Beijing to negot

Oksana_A [137]

The answer would be:

A. discussing non-business-related topics

I hope this helped! If so, please mark brainliest!

3 0

3 years ago

A homeowner has $80,000 of principal left to pay on her mortgage. Her home has just been appraised at $156,000, which is $13,000

abruzzese [7]

Answer:

$76,000

Explanation:

Data provided in the question:

Principal amount left to pay on mortgage = $80,000

Appraised value of the home = $156,000

Now,

The equity she is having in her home in her home will be

= Appraised value of the home - Principal amount left to pay on mortgage

The equity she is having in her home in her home = $156,000 - $80,000

The equity she is having in her home in her home = $76,000

7 0

3 years ago

If the total revenue function for an item is R(x) = 35x - 0.25 x2 , first determine how many units x must be sold of the item in

Troyanec [42]

Answer:

So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225

Explanation:

We have given that the total revenue for an time is given by $R(x)=35x-0.25x^2$

Now for maximum revenue $R'(x)$ must be zero

$R'(x)=35-0.5x$

So $35-0.5x=0$

x = 70

Now maximum revenue will occur at x= 70

So maximum revenue = $=35\times 70-0.25\times 70^2=2450-1225=1225$

So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225

4 0

3 years ago

Barbara buys the same market basket each week and spends $60 on it. This week Barbara brought $60 to the store but could not buy

Arisa [49]

Answer:

there was inflation

Explanation:

Inflation may be defined as the rise in the price or the increase in the cost of a product or commodities in the market. It is when you pay more price for the same commodity that you have bought it in a less price earlier.

When there is inflation, the price of goods in the market increases.

In the context, Barbara usually buys the same market basket every week at a price of $ 60. But this week she could not buy the market basket even though she had $ 60 with her. This is because the price of the market basket increased this week due to inflation and now cost more than $60. So Barbara could not buy the market basket.

4 0

3 years ago