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3 years ago

When a production possibilities frontier is bowed outward, the opportunity cost of producing an additional unit of a good

1 answer:

5 0

The production possibilities frontier is bowed outward, this means that the opportunity cost of producing more units of a good increases.

<h3>What is the production possibilities frontier?</h3>

The Production possibilities frontier is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

The PPF is typically bowed outward. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

For more information about the production possibility frontier, please check: brainly.com/question/25774783

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_____ sell products at a discount but do not carry certain brands on a continuous basis and carry those brands they can buy from

bazaltina [42]

Answer:

off-price retailers

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4 years ago

What is the name given to a group of individuals working together to achieve shared job-related goals such as higher pay, shorte

Julli [10]

Answer:

Labor union

Explanation:

The labor union is the individual group that works together to accomplish the company goals or the shared job goals in terms of high pay, less working hours, high benefits, better working conditions

So the given situation represent the labor union

Hence, the same is to be considered and relevent too

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3 years ago

Which of the following statements is true with regard to the departmental overhead rate method? Multiple Choice Each department

Anna [14]

Answer:

It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments.

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A departmental overhead rate is considered to be a standard charge based on the units of activity produced by a business segment. Overhead rate at the department level are usually applied in a more refined cost allocation environment, where there is a need to apply overhead cost as precisely as possible.

6 0

3 years ago

When a customized product is manufactured separately, it is referred to as ____ production:multiple choicea processa job ordera

storchak [24]

When a customized product is manufactured separately, it is referred to as Job order production.

<h3>Job Order Production</h3>

Manufacturing bespoke or distinctive goods for specific clients is known as job order production.
Because every order or job is a customized order submitted by the customer, job order production is also sometimes referred to as job order manufacturing or bespoke production. Frequently, only one copy of a custom job is made.
Custom products made in bulk are the focus of many producers. Customers bring designs or products in mind for custom products, which the manufacturer develops and produces.
Print shops and studios are excellent examples of custom manufacturers. With a design for 100 graduation invitations, a consumer might go to his neighborhood print shop.

To learn more about Job Order Production refer to:

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5 0

2 years ago

You can buy property today for $3 million and sell it in 5 years for $4 million. (you earn no rental income on the property.)

Luden [163]

a. Rate of interest : 8%

Today’s Price = $3,000,000

Price after 5 years = $4,000,000

Present Value of price after 5 years = $4,000,000 / (1+0.08)^5

= $2,722,333.88

b. The property is not worth investing, since investing in the land is $3,000,000 while it can be sold today as $2,722,333, thus not a profitable investment as it will incur a loss of $277,667 ($3,000,000 - $4,000,000).

c. Present value of rent of 5 Years = $200,000*PVIFA(8%,5)

= $200,000*3.99999

= $798,542.01

d. NET PRESENT VALUE OF INVESTMENT = PRESENT VALUE OF FUTURE CASH FLOWS – INITIAL INVESEMTENT

NET PRESENT VALUE = $2,722,333.88 + $798,542.01 - $3,000,000

NET PRESENT VALUE = $520,874.80

Since the Net Present value is positive, it is worth investing in the land.

4 0

4 years ago