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
Alja [10]
3 years ago
8

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

Business
1 answer:
lora16 [44]3 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.

You might be interested in
Boersma Sales , Inc., a merchandising company, reported sales of 7100 units in September at a selling price of $682 per unit. Co
Doss [256]

Answer:

$2,122,900

Explanation:

Calculation to determine what The Gross margin for September was

First step is to determine the variable costs

Variable costs= (317 * 7,100) + (44*7,100) + (22*7,100)

Variable costs= 2,250,700 + 312,400 + 156,200

Variable costs= $2,719,300

Now let determine the Gross margin

Using this formula

GM=Sales-VC

Let plug in the formula

Gross margin = (682 * 7,100) - 2,719,300

Gross margin = $2,122,900

Therefore The gross margin for September was:$2,122,900

3 0
3 years ago
Supporters of rent control say that it _____ the price of renting an apartment. raises lowers does not change
denis23 [38]

Answer:

The answer is lowers.

Explanation:

Supporters of rent control say that it <u>LOWERS</u> the price of renting an apartment.

Rent control is an administration program that puts a limit on the sum that a landowner can charge for renting a home or for renewing lease  

Rent control laws are typically established by regions and the subtleties differ broadly. All are planned to continue living costs reasonable for lower-salary occupants.

Rent control laws mostly limit the amount a landlord can increase rents on existing tenants.  Therefore Rent control is controversial. In fact, 37 states have laws that forbid local governments from enacting such measures.

6 0
3 years ago
Participation occurs when employees have a voice in decisions about their own work.
jarptica [38.1K]
TRUE. Participation occurs when employees have a voice in decisions about their own work.
3 0
3 years ago
Location is not important for a business. Please select the best answer from the choices provided T F.
skelet666 [1.2K]

Answer:

False. Location is important for a business

8 0
2 years ago
14 the oligopoly model that predicts that oligopoly price tend to be very rigid is the ___
Lerok [7]
Kinked demand

I hope that helped
4 0
3 years ago
Other questions:
  • The _________________ is the buying and selling of Treasury securities to influence the nation’s money supply..
    12·1 answer
  • From 1973 through​ 2016, the rise in the British price level relative to the U.S. price level is​ ____ with a rise in the value
    6·1 answer
  • What are some of the pathways in the Agriculture, Food, and Natural Resources career cluster? Check all that apply.
    11·2 answers
  • In many​ countries, people hold money as a cushion against unexpected needs arising from a variety of potential scenarios​ (e.g.
    10·1 answer
  • The first and most important step in the posting procedure is
    7·1 answer
  • Gardner electric has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. the t-bill rate is 4.00%, and the t-
    10·1 answer
  • Describe at least one global trend that you think offers a business opportunity in the global marketplace?
    6·2 answers
  • What is the main duty of the Federal Reserve?
    14·1 answer
  • To _____ is to modify or improve upon code.
    6·2 answers
  • Open this link to read more about how credit card interest works. Use this information to calculate the cost of your computer wh
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!