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3 years ago

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

1 answer:

4 0

Any point on a country's production possibilities frontier represents a combination of two goods that an economy can produce. A production possibility frontier also know as PPF shows the maximum output that two goods or services can achieve when all of the resources are being used. For this graph to show the true possibilities, all of the resources have to be used to their full potential as efficiently as possible.

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Lester's rented some equipment at a cost of $800 for Years 1 through 3 and $900 for Years 4 and 5. Which of these correctly depi

Irina18 [472]

Answer:

d. Year 3 has one cash flow in the amount of -$800.

Explanation:

Timeline arranges an event in chronological order.

When there's a cash outflow- money is being paid for something - it is represented by a negative number.

When there's a cash inflow - money is being received- it is represented by a positive number.

Lester's rented an equipment. This means he would be paying someone for the equipment. So the cash flow should be represented with a negative number

I hope my answer helps you

6 0

3 years ago

The major drawback of most fad diets is:

Yuliya22 [10]

All of these can be true of fad diets but A is especially true. You need a balance of foods in order to be healthy and many fad diets don't support this. They teach dieters to eat a lot of a few types of food which creates an unhealthy idea of how to lose weight.

7 0

3 years ago

Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 y

lora16 [44]

Answer:

Chen should buy the new machine since it produces a positive NPV of $1,294

Explanation:

Summary of the Project Cash Flows is as follows :

Year 0 = ($120,000)

Year 1 to Year 10 = $18,900

The Project cost of capital = 9%

Calculation of the Project`s NPV :

NPV can be calculated from this summary using a financial calculator as :

CF0 = ($120,000)

CF1 = $18,900

Nj = 10

i = 9 %

NPV = ?

NPV = $1,293.73 or $1,294

The Project is accepted only if it has a Positive NPV

Conclusion,

Chen should buy the new machine since it produces a positive NPV of $1,294.

5 0

3 years ago

Domestic producers of steel rods send a lobbyist to the U.S. government to request that the government impose trade restrictions

Zarrin [17]

Answer:

C. Infant-industry argument

Explanation:

The lobbyst is using the infant-industry argument because he is claiming that all that the emerging national industry needs is some temporary trade restrictions until it can develop enough to compete.

This argument is very commonly used against free trade, and is based on the belief that national industries should be allowed to grow in isolation before opening up the markets. The problem with this argument is what happens if the national industry remains uncompetitive even after a long period of trade restrictions.

7 0

3 years ago

A ticket to an Eric Clapton concert costs $45. If you have a ticket, you can "scalp" it (sell it illegally) for $75. To a ticket

Delvig [45]

Opportunity cost is what you give up to do something

if you go to the concert, you spent $45 dollars but lose the opportunity to sell the ticket

if you sell the ticket illegally, you get $75 at the cost of not seeing the concert

the opportunity cost of attending the concert=75+45=$120
the opportunity cost is 120 dollars

7 0

3 years ago