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Nostrana [21]
2 years ago
15

What is the opportunity cost of producing more shoes?

Business
1 answer:
jeka942 years ago
6 0
Produce less watermelon
You might be interested in
Describe Reid Hoffman the founder and creator Linkedln?
CaHeK987 [17]

Answer:

Reid Garrett Hoffman is an American internet businessman, tech entrepreneur, writer. Hoffman became co-founder and president of LinkedIn, an enterprise-oriented social media network mainly utilized for business networking. In 2016, Hoffman transferred LinkedIn for $26.2 billion in cash to Microsoft, then entered the board for Microsoft.

5 0
3 years ago
.According to supply-side fiscal policy, reducing tax rates on wages and profits will:
sergejj [24]

Answer:

The answer is C.

Explanation:

Reducing tax rate according to supply - side policy creates demand pull inflation.

Demand pull inflation is a situation whereby people have more buying power due to the availability of cash thereby leading to high demand and consequentially leading to an increase in the price of goods and services by suppliers.

That is the process where demand outplays supply due  to the high purchasing power thereby causing price to increase which is the demand pull inflation effect.

6 0
3 years ago
A 23-year-old ticket agent is brought in by her husband because he is concerned about her recent behavior. He states that for th
aleksandr82 [10.1K]

Answer:

b

Explanation:

manic episodes can lead to obsessive behavior

3 0
3 years ago
Which of the following is a likely cause of​ globalization? A. Trade barriers have been added worldwide. B. Developing economies
Vesna [10]

Answer: Option B

Explanation: Globalization refers tot he process under which certain business entities starts operating their business in many different countries of the world.

One of the major reasons behind the increasing globalization is the condition in developing nations. The developing nations like India and Pakistan have a large population with a strong purchasing power, but due to lack of technology and capital these economies lack competitive producers.

Therefore, every second business firm with sufficient resources wants to operate in these economies for profit maximization.

4 0
3 years ago
Goertz Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In
4vir4ik [10]

Answer: D. $6,000

Explanation:

Given the following :

Activity cost pool

- - - - - - - - - - - - - - - - - - Machining Order Filling Other

Equipment depreciation 0.40 - - - - - 0.10 - - 0.50

Supervisory expense - - 0.20 - - - - - 0.30 - - 0.50

First stage allocation:

Overhead cost

Equipment depreciation - $51,000

Supervisory expense - $3000

Order filling:

Equipment depreciation - $51,000 × 0.1 = $5100

Supervisory expense - $3000 × 0.3 = $900

Total overhead - $( 5100 + 900) = $6,000

4 0
3 years ago
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