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Debora [2.8K]
2 years ago
13

What is the difference between a point inside and a point on a PPC?

Business
1 answer:
jasenka [17]2 years ago
6 0

Answer:

The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the P PC are inefficient, points on the P PC are efficient, and points beyond the PPC are unattainable

Explanation:

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The purpose of the FDIC is to...
sveta [45]
Guarantees your money is available when you need it
6 0
4 years ago
Baker Mfg Inc. wishes to compare its inventory turnover to those of industry​ leaders, who have turnover of about 13 times per y
Iteru [2.4K]

Answer:

inventory​ turnover = $15.879

Explanation:

given data

Net Revenue = ​$27,500

Cost of sales = ​$19,690

Inventory ​= $1,240

Total assets = ​$17,990

assets invested = 8%

to find out

Baker's inventory​ turnover

solution

we will apply here formula for  inventory​ turnover that is express as

inventory​ turnover = \frac{cost of goods sold}{Inventory investment}   ..........................1

put here value we get

inventory​ turnover = \frac{19,690}{1240}

inventory​ turnover = $15.879

8 0
3 years ago
For Bonita Industries at a sales level of 4000 units, sales is $69000, variable expenses total $46000, and fixed expenses are $2
Marysya12 [62]

Answer:

the contribution margin per unit is $5.75 per unit

Explanation:

The computation of the contribution margin per unit is shown below:

The Contribution margin per unit is

Contribution margin per unit= Contribution margin ÷ Sales units

= ($69,000 - $46,000 ) ÷ 4,000

= $5.75 per unit

Hence, the contribution margin per unit is $5.75 per unit

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0
3 years ago
International trade generally a. decreases jobs. b. reduces competition. c. generates income. d. decreases productivity.
xz_007 [3.2K]

Answer:

c. generates income

Explanation:

International trade for a country refers to exchange of goods and services beyond geographical boundaries. In short international trade refers to the business due to import and export of goods.

For example, one nation might specialize in the production of cocoa while another nation is rich in oil wells or oil reserves. The two nations can trade such resources and eliminate scarcity or abundance.

International trade leads to increased competition in the domestic market since now the producers are compelled to adhere to meet international quality standards for their products.

So, International trade generally c. generates income.

4 0
3 years ago
Daily demand for a product is 160 units, with a standard deviation of 35 units. The product is ordered on a pre-established (fix
egoroff_w [7]

Answer:

2686

Explanation:

Given that :

Daily demand (D) = 160

Standard deviation (s) = 35

Review period (T) = 5 days

Lead time (L) = 10 days

Number in stock (I) = 30 units

Service probability α = 99%

Quantity to order Q;

Q = D(T + L) + Z*s + √(T + L) - 1

Zscore p(Z < 0.99) = 2.326 = 2.33(Z probability calculator)

Q = 160(5 + 10) + 2.33 * 35 * √(10 + 5) - 30

Q = 160(15) + (2.33 * 35 * 3.8729833) - 30

Q = 2400 + 315.841788115 - 30

Q = 2685.841788115

Q = 2686

5 0
3 years ago
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