All categories

2 years ago

The only way that a society can produce outside the production possibilities curve is

Business

2 answers:

strojnjashka [21]2 years ago

6 0

and i copy and pasted:sorry if its wrong

sorry if its wrong:

Outward or inward shifts in the PPF can be driven by changes in the total amount of available production factors or by advancements in technology. If the total amount of production factors like labor or capital increases, then the economy is able to produce more goods at any point along the frontier.

zysi [14]2 years ago

5 0

The answer is d.
If you produce efficiently (in other words, producing goods with appropriate labour force since a good labour force consists of appropriate knowledge of a certain field of that product and appropriate number of labour.) a society can produce outside the production possibilities curve.

You might be interested in

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances

denis23 [38]

Answer:

Explanation:

The adjusting entries are shown below:

1. Supplies Expense A/c Dr $3,000 ($2,000 + $4,500 - $3,500)

To Supplies A/c $3,000

(Being supplies purchased)

2. Insurance Expense A/c Dr $2,000

To Prepaid Insurance A/c $2,000

(Being prepaid insurance adjusted)

3. Salary expense A/c Dr $16,000

To salary payable A/c $16,000

(Being salary adjusted)

4. Unearned revenue A/c Dr $1,500

To Service revenue A/c $1,500

(Being unearned revenue adjusted)

7 0

4 years ago

C. If the marginal cost of a gallon of milk increases, how will the household respond?

Stella [2.4K]

Answer:

If the marginal cost of a gallon of milk increases, how will the household respond?

C. The household will continue to consume the same amount.

Explanation:

The increase in the marginal cost of a gallon of milk will not greatly alter the quantity of milk consumed by a typical household. At this initial point when the marginal cost of a gallon of milk increases, the household is not affected because the seller has not shifted the cost to consumers. Even when the marginal cost increase is shifted to the consumers, the quantity required by the household remains the same. What may likely change at that stage is that the price at which the a household buys a gallon of milk increases marginally. The marginal increase will not distort demand for milk but households can change brands and not the quantity of milk, or at worst, they pay a higher price for a gallon.

5 0

4 years ago

Bond valuation [LO14-2] Your investment department has researched possible investments in corporate debt securities. Among the a

Sonbull [250]

Answer:

Bond Valuation

Other things being equal, the bond issue that offers the most attractive investment opportunity if it can be purchased at the prices stated is:

= BB Corp. bonds.

Explanation:

a) Data and Calculations:

Maturity period = 20 years

Issue date = January 1, 2021

Maturity date = December 31, 2040

Company Bond Price Stated Rate Annual Interest FV

1. BB Corp. $ 107 million 15 % $15 million $3,518,371,301.23

2. DD Corp. $ 100 million 14 % $14 million 2,827,106,832.58

3. GG Corp. $ 93 million 13 % $13 million 2,260,756,079.53

From an online financial calculator, the future values of the bonds are:

N (# of periods) 20

I/Y (Interest per year) 15

PV (Present Value) 107000000

PMT (Periodic Payment) 15000000

Results

FV = $3,518,371,301.23

Sum of all periodic payments $300,000,000.00

Total Interest $3,111,371,301.2

N (# of periods) 20

I/Y (Interest per year) 14

PV (Present Value) 100000000

PMT (Periodic Payment) 14000000

Results

FV = $2,827,106,832.58

Sum of all periodic payments $280,000,000.00

Total Interest $2,447,106,832.58

N (# of periods) 20

I/Y (Interest per year) 13

PV (Present Value) 93000000

PMT (Periodic Payment) 13000000

Results

FV = $2,260,756,079.53

Sum of all periodic payments $260,000,000.00

Total Interest $1,907,756,079.53

8 0

3 years ago

The fact that most people make some decisions based on intuition rather than calculation is: Select one: a. irrational, because

vodka [1.7K]

Answer:

c. consistent with the cost-benefit model because most people intuitively weigh costs and benefits

Explanation:

People weight the cost and benefit before making desitions Some times without noticing they are doing it.

Also is important to notice intuition takes a role when there are shades in the information, the effect on the personnel and when not all information is available.

4 0

3 years ago

The difference between the actual quantity and the standard quantity, multiplied by the standard price, is the:

miss Akunina [59]

Answer:

the material quantity variance

Explanation:

As we know that

Material quantity variance is

= (Standard quantity - actual quantity) × standard price

This represent that the difference between the standard quantity and the actual quantity should be multiplied with the standard price is known as the material quantity variance

Therefore as per the given situation, the material quantity variance is the answer

Hence, the same is to be considered

6 0

3 years ago