Refer to Table 2-5. Table 2-5 shows one set of production possibilities. Based on the values in the table, the production possibilities frontier is
a. bowed outward indicating increasing opportunity costs.
b. bowed outward indicating decreasing opportunity costs.
c. a straight line indicating constant opportunity costs.
d. bowed inward indicating increasing opportunity costs.
Answers
Bowed outward indicating increasing opportunity cost. (A) is the right answer.
Corn Marginal Wheat Marginal Opportunity cost
2000 0 0 0 0.00
1600 400 700 700 1.75
1200 400 1300 600 1.50
800 400 1800 500 1.25
400 400 2200 400 1.00
0 400 2500 300 0.75
Opportunity cost = Marginal production of wheat / Marginal production of Corn
The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.
PPC will always bowed outside with Increasing opportunity cost and bowed inside for decreasing opportunity cost.
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Related Questions
7. Which of the following is a product that is considered a commodity?
feed corn for cattle
writing paper
Answers
Feed corn as well as writing paper are considered as commodity products.
What is a commodity?Any stationary thing having a definite value, which has a purpose of use or consumption, and can be easily bought and sold is regarded as a commodity.
Hence, the inclusions of commodity are aforementioned.
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As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.
Answers
Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.
How do you lead a multicultural team?In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.
Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.
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Mary’s dressing making business uses fabric supplies on a daily basis. Under the accrual method of accounting these supplies would be an expense of the period in which they are:
paid for.
Ordered.
used.
received.
Answers
Answer:
PULL UP UR GOD SAMN SEATBELT
Explanation:
NO EXPLANATION PROVIDED
The supplies would be an expense of the period in which they are ordered
Accrual accounting is an accounting method in which an expense or income is recorded at the time when the transaction occurs
The purpose of accrual accounting is to match income and expenses with the period in which they occur.
If the accrual accounting method is used, the expense would be recorded when the order is made.
The other type of accounting method that can be used is the cash accounting method. In this method, an expense or income is recorded when payment is made
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During your presentation, you realize that you are talking too fast. This is a
problem of
O Content challenges
Organizational challenges
Presentation skills challenges
Answers
Answer:
Presentation skills challenges
Explanation:
Presentation can be defined as an act of talking or speaking formally to an audience in order to explain an idea, piece of work, project, and product with the aid of multimedia resources or samples.
Basically, any speaker who wish to create an effective presentation should endeavor to interact frequently with the audience by holding a conversation.
This ultimately implies that, to create an effective presentation, speakers are saddled with the responsibility of interacting more often with the audience by taking questions, making a joke, getting them to repeat informations loud at intervals etc.
If during your presentation, you realize that you are talking too fast. This is a problem of presentation skills challenges.
Hence, speakers are advised to be passionate and show enthusiasm during their presentation because it would enhance their ability to speak confidently and as such leading to an engaging presentation.
Hummingbird Corporation, a closely held C corporation that is not a PSC, has $240,500 of net active income, $96,200 of portfolio income, and a $264,550 loss from a passive activity. Compute Hummingbird’s taxable income for the year.
$________
Answers
Answer:
$72,150
Explanation:
Calculation to determine Hummingbird’s taxable income for the year
Using this formula
Taxable income =Net active income +Portfolio income-Passive loss
Let plug in the formula
Taxable income=$240,500+$96,200-$264,550
Taxable income=$72,150
Therefore Hummingbird’s taxable income for the year is $72,150
Sun Tzu is considered an early contributor to the management thought in which of the following the areas?
Division of labor, communication and coordination
Answers
The correct answer is Division of labor, communication and coordination. some Chinese scholars began to doubt the historical existence of Sun Tzu, primarily on the grounds because of no mentioned in the historical classic.
Who was Sun tzu?Sun Tzu was a Chinese military general, strategist, philosopher and writer who lived during the Eastern Zhou dynasty from 771 to 256 BC.
Sun Tzu is traditionally credited with authoring The Art of War, an influential work on military strategy that influenced philosophy and military thought in both West and East Asia.
Sun Tzu's history is uncertain. The Han Dynasty historian Sima Qian and other traditional Chinese historians placed him as a minister of Lu Lu to the King of Wu and dated his life from 544 to 496 BC.
Accepting its historicity, modern scholars place the extant martial arts texts to the late Warring States period, 475-221 BC. - based on his compositional style and portrayal of war.
Sun Tzu's works have been admired and used in the East Asian wars since his composition. In the 20th century, the art of warfare grew in popularity and was put to practical use in the West.
It continues to influence many modern competitive endeavors in the modern world beyond military strategy and warfare, including espionage, culture, politics, business, and sports.
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which is one of the greatest risks of being entrepreneur
Answers
One of the greatest risks of being entrepreneur is the risk of business failure
What is one of the greatest risks of being entrepreneur?One of the greatest risks of being an entrepreneur is the possibility of business failure. Starting a new business is inherently risky, as there is no guarantee that the business will be successful.
Entrepreneurs may invest significant time, money, and resources into their businesses, but still be unable to generate sufficient revenue to cover their costs or turn a profit. Business failure can be financially and emotionally devastating for entrepreneurs, as well as damaging to their reputation and future career prospects.
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Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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Identify one supply or demand shifting factor that the community could have some control over or do something about
Answers
One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.
1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.
2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.
3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.
4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.
5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.
By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.
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Question 3 of 10
What is an advertising campaign?
A. A method of finding customers according to particular
characteristics
B. A set of games customers receive for free when they buy certain
products
C. An electronic device that enables customers to interact with an
advertisement
D. A series of product-related activities designed to get the attention
of customers
Answers
An advertising campaign is a series of product-related activities designed to get the attention of customers. Option D
What is an advertising campaign?An advertising campaign is a series of product-related activities designed to get the attention of customers. It involves the creation and dissemination of advertising messages through various channels such as TV, radio, print, online and social media, with the goal of promoting a product, service or brand to a specific target audience.
The campaign typically has a specific objective and a set budget and may run for a defined period of time.
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20 POINTS!
I need help with putting my two weeks in….
Need to sound professional!
I am currently an intern at a construction office job. I want to say that I have decided to go to esthetician school but appreciate being able to work here as a intern and learn a lot of things these last 6 months.
Thank you!!
Answers
HELP PLEASE
UR OWN WORDS PLZ
Using complete sentences, identify and describe the four major ethnic groups of the Middle East.
Answers
Answer: Arabs, Kurds, etc.
Explanation:
There are four main ethnic groups living in the Middle East. The Arabs are the largest, making up 75% of the region's population. Their ancestors were tribal members from the Arabian peninsula. The Persians reside mainly in Iran; their ancestors came to the region from Central Asia. The Kurds live in a rural, mountainous area between Iraq and Turkey. Many of them make a living as farmers or herders. Like the Persians, the Turks also have ancestors from Central Asia. This group lives in Turkey.
the 4P’s include____
Answers
Answer:
price,product, promotion,place
12. Suppose the demand and supply functions for Gob3 Special are given as;
3P-100-Qx
-2p=20-Qx
a) Represent the functions above graphically
b) At what price is the quantity consumer wish to buy equal to the quantity
producers wish to suppy
c) Find the equilibrium quantity
d) If a price ceiling of Ghs12.00 is imposed, what will be the shortage in the
market? Graph your answer.
e) If minimum price of Ghs20.00 is set, what would you expect to happen in
the market? Graph your answer.
13. If the demand for Banku and Okro is given by Qd = 236-20P and the supply
ction is Qs = 88 + 40P. If the government impose a per unit tax of 1.05, what is the
a) Old and New equilibrium price and quantity
b) The tax revenue to the government after imposing the tax
Answers
Gob3 Special's supply and demand functions may be represented graphically as intersecting lines. The price at which supply and consumer demand are equal is in equilibrium is $30.
What is the equation describing how supply and demand work?Assume that the market supply function is generated as in Leibniz 8.4 and the market demand function is Q=QD(P). The supply curve tells us the entire amount of an item that sellers are willing to offer at each price, whereas the demand curve shows the total amount of a good that buyers in the market desire at each price.
The tax income received by the government following the imposition of the tax, and b) the Old and New Equilibrium Price and Quantity?With 138.75 units and a tax rate of 1.05 per unit, the new equilibrium price is $6.75. In the previous equilibrium, 115 units were purchased at a price of $7.50. b) After collecting the tax, the government receives $145.69 in income.
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How do I get gud at craft
Answers
Answer:
practice at least two times per day
Answer: 90% of people marry there 7th grade love. since u have read this, u will be told good news tonight. if u don't pass this on nine comments your worst week starts now this isn't fake. apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of your life tomorrow. you will either get kissed or asked out in the next 53 minutes someone will say i love you.
Explanation:
The top executive of a well-managed Government Company decided to organize an early Management
Awareness Program for their first level supervisors. In an own survey, the company identified that many
newly hired young, potential, professionally trained employees were leaving the company for private
employment, where the rewards were thought to be greater. This left the company with something less
than the best qualified candidates for supervision; it also left it with a notably older group of
supervisors.
The Management Awareness Program, four months long, was carefully worked out on the following
lines:
a. A week of formal supervisory training;
b. Assigning the trainees with a supervisor who would act as a teacher and guide, advising the
trainees to enroll in a short course of their choice in any training institute available, discussing
the theory and practice of management with the trainees and evaluating his or her progress;
and
c. On completion of the program putting them to work assignments as available and appropriate.
Several advantages emerged from the program. The trainees were pleased that their careers were a
matter of interest and concern to the higher level executives; candidates could more easily bring
themselves to the attention of their superiors; the company was provided with a group of youthful
candidates at the first level supervision. The brain drain from the company almost stopped. Gradually
more vigor in management levels became evident and young men and women could establish a broader
base of experience to become members in the higher management.
Certain disadvantages also became apparent. Many good newly hired employees failed to apply for the
program because they were not sure of their own career objectives, they did not want to move away
from the places where they were originally staying or they felt too busy to undergo with the training
described (it was in addition to their full time positions). Some complained of inadequate counseling
and many who had failed to apply were later frustrated when they found themselves no longer among
the candidates for supervisory and senior appointments.
The company is now in a mood to reassess its experiences with the program.
Answers
Yes, this a good training program and there is a missing element which is the approval exercise.
If I am asked to suggest improvements, I would you say that emphasis should be placed on the capabilities of trainees as well as their health.
What is social awareness program?A Social Awareness Program is known to be a kind of a program that began with the aim of creating and spreading social awareness, bringing an end to blind beliefs and conservatism.
Note that since the Awareness Program above have been outlined, my response is Yes, this a good training program and there is a missing element which is the approval exercise and If I am asked to suggest improvements, I would you say that emphasis should be placed on the capabilities of trainees as well as their health.
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See the other part of the question below
1. Is this a good training program? Are there any missing elements?
2. If you are asked to suggest improvements, what would you say?
Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). (More than one column may be used.)
Answers
A company's cash flow is the sum of its net cash inflow and outflow over a given period of time.
What is Cash flow ?For a firm to continue operating, a positive cash flow must be maintained. Positive cash flows are also necessary to provide value for investors.
Investors are specifically looking for good cash flows even after capital expenditure payments have been paid (which is known as free cash flow). Typically, a month, quarter, or year is the conventional reporting period over which cash flow is monitored.
Hence The Items given below will be appeared in
a. Finance Activities
b. NA (depreciation will be added backk its not a monetary transaction.)
c. Financing Activities
d. operating Activities
e. Operating Activities
f. Investing Activities
g. Operating Activities
h. Investing Activities
i . Operating Activities
j. financing Activities
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Why is it important to dress for success at a job interview?
Answers
Answer:
For a variety of reasons, it is critical to dress for success during an interview. However, the most important reason is to make it appear as though you are serious about getting the job, or in other words, that you are not wasting your time. If you don't dress professionally or for success, the interviewer may not perceive you as hardworking, and you may lose the job.
Explanation:
What is the difference between final goods and intermediate goods?
Answers
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
Answers
The system is mr. D using at walgreens to reduce his costs is just in time inventory.
What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.
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Seasons has sales of $55000, beginning inventory of $5000, purchase of $30000and ending inventory of $1000. The cost of goods sold is
Answers
According to the question if Seasons has sales of $55000, beginning inventory of $5000, purchase of $30000and ending inventory of $1000, then cost of goods sold is 34,000$.
Hence, answer is 34,000$.
How to find-
The cost of goods sold for Boron Company can be determined using the following format:
Beginning inventory $5,000
Add: Purchases $30,000
Cost of goods available for sale $35,000
Less: Ending inventory $(1,000)
Cost of goods sold $34,000
Hence, the answer is 34,000$.
Sales?A sale is a trade in which goods or services are exchanged for money. In other words, a sale is any activity that involves giving the buyer possession of a good or service in exchange for payment.
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What should the government do during a recession?
Answers
During a recession, Like the outstanding Recession that affected exertions markets around the world during the late 2000s and people that nations are actually experiencing due to the Covid-19 pandemic.
Have a negative impact on jobs and those. The terrible influences can see multiplied unemployment (in particular amongst youngsters), modifications in task popularity (from complete-time to part-time or settlement work), or a lower in work hours (quick-time paintings) or wages. they'll additionally cause persistent reductions in a whole generation’s future income.
While the activity insecurity skilled by way of people may additionally impair their physical and mental health. for the reason that the cutting-edge pandemic doesn’t seem like abating within the close to future, what have to governments be doing to assist their labor markets and workers during such a prolonged length of monetary uncertainty.
A recession is a extensive, pervasive, and continual decline in financial interest. Economists degree a recession's duration from the sooner boom's peak to the downturn's trough. Recessions may very last as low as a few months, however the financial device may not get better to its former top for years.
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What is the underlying problem in this case from Edward Lampert’s perspective?
Answers
The underlying problem in this case from Edward Lampert’s perspective In this case, as suggested by Edward Lampert, the biggest concern was the decline in advertisement and usage and the increase in e-commerce. Rivals could not take note of the secret concern.
What is an advertisement?Advertising, sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organization, or event. Some others consider the concept to be far broader than that, including any sort of sponsored advertisement intended to inform or influence
Edward Lampert's perspective underlying problem, The decline in advertisement and the usage of the increase in e-commerce. Reveals a note of the secret concern.
Therefore, The case from Edward Lampert's perspective. The decline in advertisement and usage in e-commerce is there.
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An inventory count shows that teaching supplies costing $3,040 are available
at year-end.
Answers
Answer:
debit teaching supplies expense
credit teaching supplies
(9000-3840)
9000 is from general ledger
Explanation:
Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external environment’. Do you agree or not? Justify using practical examples
Answers
Answer:
For a particular organization to be successful it needs to pay attention to forces and external environments, hence I agree
Example a competitor upgrading it Software and hardware will be a force or external attack to another firm whom Had not.
If publisher profits can be preserved at lower prices in an all e-world, why are publishers still worried about increased digital penetration of their businesses?
Answers
Answer:
Here are some of the challenges faced by the book publishing industry.
Piracy as a problem. Online piracy has changed the way content is shared and consumed by the reader. ...
The rise of Audiobooks. ...
Changing Reading habits. ...
Compromising on Quality due to cost. ...
Selecting the Right target audience. ...
Extreme competition
*will give Brainliest if correct!*
Part of File Explorer that is used to access devices, drives, and folders on your computer.
(A) This PC
(B) Location
(C) Status
Answers
Answer:
This PC?
Explanation:
when I go into file explorer, I don't see anything labeled location or status, but when I go into This PC there is nothing that says devices, so I'm not sure. I'm very sorry if I'm wrong
An entrepreneur is an economic resource. a. True b. False
Answers
Answer: Entrepreneurship is one of the resources economists categorize as integral to production.....so true
Explanation: hope this helps :)
Welcome to week four did you know there are there were different types of resumes read the following article about the main types of resumes and let me know what you think of them. I am interested to see which will draw you in.
Answers
The choice of resume format depends on your individual circumstances, industry norms, and the specific job you're applying for. It's essential to consider the expectations of potential employers and the impression you want to make.
Chronological Resume: This is the most traditional and widely used format. It lists your work experience in reverse chronological order, starting with the most recent job. It highlights your career progression and is suitable for those with a stable work history.
Functional Resume: This format focuses on your skills and qualifications rather than your work history. It highlights your relevant skills and achievements, making it suitable for individuals with employment gaps, career changes, or limited work experience.
Combination Resume: As the name suggests, this format combines elements of both the chronological and functional resumes. It emphasizes both your skills and work history, providing a comprehensive overview of your qualifications.
Targeted Resume: A targeted resume is tailored to a specific job or industry. It highlights the skills and experiences that are most relevant to the desired position, making it highly effective for showcasing your suitability for a particular role.
Creative/Infographic Resume: These types of resumes incorporate unique and visually appealing designs, graphics, and infographics. They are often used in creative fields where visual presentation is valued.
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I need help I have no idea how to do this
Answers
Answer:
just round it to the nearest cent like how you would round it to the nearest tenth and write the answer in the box