All categories

3 years ago

What are all points on the PPF called?

Business

1 answer:

jolli1 [7]3 years ago

8 0

Answer:

Production Possibility Frontier (PPF or PPC)

All points inside PPF are inefficient points. These points are attainable (e.g., point U), but they are not using the resources at the fullest.

You might be interested in

The following table presents Generic Motors Company's production budget. GM's inventory policy is to have ending inventory equal

Irina18 [472]

Answer:

________________________________February__March__April

Ending inventory 20% of next Months sale _3400___3600__5,000

Beginning inventory__________________ 2,000__ 3400__ 3600

Budgeted sales _____________________ 13,000__17,000_ 18,000

Budgeted production_________________ 14,400__ 17,200_ 19,400

Firms wants to hold the finished goods inventry in order to deal with the future demand

Explanation:

Use the following formula to calculate the Budgeted production

Budgeted Production = Beginning Inventory - Ending Inventory + Busgeted Sales

Working

________________________________February__March__April

Ending inventory 20% of next Months sale _3400___3600__5,000

Less: Beginning inventory______________2,000__ 3400__ 3600

Add: Budgeted sales _________________ 13,000__17,000_ 18,000

= Budgeted production________________14,400__ 17,200_ 19,400

The finished goods inventory is held to deal with the future market demand. If the firm produce the uniits equals o the current demand then in case of increase in demand or unexpected demand increase the firms will not be able to fulfil the demand and will lose the opportunity.

6 0

3 years ago

At their regular monthly meeting, a group of local brokers agrees that the introduction of "discount brokerages" in their area w

steposvetlana [31]

Answer:

would be considered collusion.

Explanation:

Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.

8 0

3 years ago

Which of the following types of insurance allows individuals to keep a former employer's group coverage for a set period of time

nordsb [41]

Answer:

group health insurance

6 0

3 years ago

As the operations manager for American Airlines you have decided to invest in 10 new jets for the company's fleet. There are thr

Tanzania [10]

Answer:

0.17

Explanation:

The computation of expected return in investment is shown below:-

Expected return in investment = (Expected return of outcome 1 × Probability of outcome 1) + (Expected return of outcome 2 × Probability of outcome 2) + (Expected return of outcome 3 × Probability of outcome 3)

= (0.15 × 0.50) + (0.25 × 0.30) + (0.10 × 0.20)

= 0.075 + 0.075 + 0.2

= 0.17

Therefore for computing the expected rate of return we simply applied the above formula.

3 0

3 years ago

"the telling style of leadership has a ________ feature."

Shkiper50 [21]

Hi Laight6069,

The telling style of leadership has a <span>high-task, low-relationship feature.</span>

5 0

3 years ago

What are all points on the PPF called?​

What are all points on the PPF called?