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Stels [109]
3 years ago
12

A the production possibilities frontier (PPF) is bowed outward as a result of:_________

Business
1 answer:
vodomira [7]3 years ago
8 0

Answer: 2) increasing opportunity costs.

Explanation:

The Production Possibilities frontier is bowed out as it shows that for one more unit of a good to be produced, an additional unit of the other good must be given up.

This represents increasing opportunity costs because opportunity cost is the cost we incur for choosing one alternative over another. By producing more and more of one good, we give up more and more of the other good which means that our opportunity cost rises.

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Hayek believed that the economy could be hard to measure because
Vlad [161]

Answer:

a

Explanation:

4 0
2 years ago
Jaleel's work group meets face-to-face and generates numerous alternatives to a product issue, many of them radical and a few ou
Paladinen [302]

Answer:

brainstorming as a part of it’s decision making process

8 0
3 years ago
35. A listing contract that spells out terms and conditions for the seller and broker is what type of agreement?
goldfiish [28.3K]

A listing contract that spells out terms and conditions for the seller and broker is a Written or Expressed agency agreement.

Express agency is an agreement that is signed in writing and is made between the principal and the agent. The contracts give the agent authority granted by the principal through an agency agreement.

An Express agency is a real agency established by a verbal or written agreement between the agent and the principal. The Principal hereby appoints the Agent hereunder to act as the Principal's agent. An express agency, for instance, is a documented listing agreement between a broker and a real estate seller. An agency agreement outlines the conditions of the agency, including what the agent is allowed to do and how much is paid for the agent's services. The agreement also grants the agent the power that the principal specifies, such as the only able to act in her place.

To know more about agency agreement refer to:  brainly.com/question/14093696

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8 0
1 year ago
The full-time job not worked by a college student (and the wages not earned) because she has to spend a lot of time studying is
sweet [91]

The full-time job not worked by a college student (and the wages not earned) because she has to spend a lot of time studying is an example of opportunity cost.

Opportunity cost is the time you spend studying and the money you spend doing something else. The farmer decided to plant wheat. The opportunity cost is to grow another crop or use resources (land and farm tools) in another way. Commuters commute by train instead of by car.

Opportunity cost is what you have to give up to buy what you want in other goods and services. When economists use the word cost, they usually mean opportunity cost. The word “expenses” is often used in everyday conversation and news.

Opportunity cost is an economic term that refers to the value of something you have to give up in order to choose something else. In short, it's the value of the path it didn't take.

Learn more about Opportunity cost here: brainly.com/question/8846809

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5 0
1 year ago
Suppose you sold three September cocoa futures contracts at a price quote of 1,696. Cocoa futures contracts are based on 10 metr
denis-greek [22]

Answer:

a gain for 2,670

Explanation:

We first calculate the difference betwene the prices

future price - expiration date = result per ton

1,696 - 1,607 = 89

We sale Cocoa in the future for 1,696

the price at expiration was        1,607

We sale at a higher price than market, this is a gain.

We have profits for $89 per ton

Each future contract has 10 tons and we sold 3 contracts

The total tons would be 3 x 10 = 30 tons

Now we multiply the gain per ton by the total tons sold

89 x 30 = 2,670

This will be the gain on future contract.

4 0
3 years ago
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