Julia gains 10 pounds of bananas compared to the initial situation without specialization and trade.
At first, Julia has 20 pounds of bananas and 10 pounds of coffee. Oscar has 32 pounds of bananas and 8 pounds of coffee. later Julia exchanges the bananas with the coffee and increases the count of her coffee Oscar will accept the bananas and increase his banana count making his coffee count 0.
In total with specialization, they have 52 pounds of bananas and 18 pounds of coffee. Without specialization, it is 64pounds of bananas and 20 pounds of coffee. Therefore Julia gains 10 pounds of bananas more than before.
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A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the:a. income statementb. balance sheetc. statement of cash flowsd. none of the above
An income statement is used to determine the period's profit or loss of a company. The income statement is used to determine the financial performance of the firm.
One of a company's financial statements, an income statement, commonly referred to as a profit and loss account, lists the company's income and expenses for a given period of time. It is stated how revenues are converted into net income or net profit.
The balance sheet describes an organization's shareholder equity, liabilities, and assets.
A cash flow statement shows all of the inflows and outflows of cash and cash equivalents for a company. The CFS highlights a company's cash management, particularly how successfully it generates cash.
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gdp is: group of answer choices the total dollar value of all transactions in the economy in a year. the total value of all final goods and services produced in the economy in a year. the total value of all final goods and services produced by americans at home and abroad in a year. the total dollar value of all goods produced in the economy in a year.
GDP is supposed to reflect the full value of all of this production. The broad quantitative scope of financial action is the net household item.
The gross domestic product (GDP) calculates the total market value of all finished products and services generated in an economy in a specific year. Net household item is the primary common unit of the economy (or GDP). GDP estimates the total market value of all recent goods and services produced in an economy within a specific year. Merchandise includes tangible items like shoes, staplers, and laptops. Administrations include services like haircuts, health visits, and auto maintenance. GDP is supposed to reflect the full value of all of this production. The broad quantitative scope of financial action is the net household item. It is the level of the showcase value of all final products and services produced in a year inside the boundary.
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Answer: the total amount of goods and services that a nation produces within a year
Explanation:
using your estimated elasticities, what would the demand be for healthcare in each prefecture
The number of plan subscribers and, consequently, the demand for health care services covered by that plan will alter in response to any change in the out-of-pocket charges for services or premium prices.
The demand for healthcare is not responsive to price changes. To put it another way, the percentage change in quantity requested is smaller than the percentage change in health care prices. The price elasticity of the demand for health care will now change if people's health status starts to improve. The responsiveness of the demand for healthcare to changes in cost or income is known as elasticity of demand. Because it is inelastic, demand for healthcare services is mostly stable independent of price fluctuations. Conversely, elastic prices suggest that prices have a significant impact on demand.
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according to the hawthorne effect hypothesized by mayo and colleagues, when did employees work harder? (choose every correct answer.)
As per the Hawthorne effect hypothesized by mayo and colleagues, the employees work harder when,
the thought managers care about their welfare;supervisor pays them special attentionthey receive added attentionTherefore, the options A, B, and C hold true.
The Hawthorne effect has been able to point out the situations wherein the productivity of the employees is the most effective, as they tend to work harder. The situations and circumstances in which they work harder have already been mentioned in the above part of this answer.
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Complete question
According to the Hawthorne effect hypothesized by mayo and colleagues, when did employees work harder? (choose every correct answer.)
A Thought managers cared about their welfare
B Believed supervisor paid special attention to them
C Received added attention.
DCB Cleaning ran an $800 campaign for businesses with new locations, offering one month of cleaning services for $300. They had 10 new clients sign up.
What was the ROAS of the campaign?
The ROAS of the campaign is 3.75.
To calculate the ROAS of the DCB Cleaning campaign, you need to divide the revenue generated from the campaign by the cost of the campaign. In this case, the revenue generated from the campaign was $300 x 10 = $3,000, and the cost of the campaign was $800.
So, the ROAS of the campaign can be calculated as follows:
$3,000 ÷ $800 = 3.75
This means that for every dollar spent on the campaign, DCB Cleaning generated 3.75 dollars in revenue. This indicates that the campaign was a success and that the company generated a positive ROI from their advertising spend.
ROAS, or Return on Advertising Spend, is a key metric in marketing that measures the effectiveness of an advertising campaign. It helps to determine the return on investment (ROI) from a marketing campaign by comparing the revenue generated from the campaign to the cost of the campaign.
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what term is used to describe factors influencing family life, such as financial worries and afterschool scheduling conflicts?
The term to describe factors influencing family life, such as financial worries and after-school scheduling conflicts is a family stressor
A family stressor is an occasion or circumstance that disrupts the harmony and regular operation of the family. Family stressors are outside forces or situations that might agitate a family. Family stress can develop when family members are dealing with more stressors than they can handle. A single high-stress situation or a series of stressful events that compound on one another can lead to family stress.
These can happen within the family or outside of it. Financial concerns, scheduling conflicts after school, relationship issues, health problems, work-related stress, and significant life changes are a few examples of family stressors such as moving, having a baby, or dealing with the loss of a loved one.
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refer to scenario 16-1. how much profit will peter earn each day if he chooses the price and quantity that maximize his profit? a. $352.00 b. $109.60 c. $208.10 d. $225.90
Profit maximization requires that marginal revenue and marginal cost be equal for the firm. MR = MC So the answer would be $352.00
a)Profit maximization in economics happens when the difference between total revenue (TR) and total expense is as wide as possible (TC). In other words, it occurs when a product's marginal revenue is greater than its marginal cost. (MR = MC).
b)When the derivative of the profit function with respect to input is zero, profit maximization occurs. A first-order condition is a name for this characteristic.
So, the quantity that maximizes his profit is $352.00
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e. Discuss whether ethics should be taught, for example, in university courses. O A. Everyone believes that ethics are innate and cannot be taught. Ethics should be instilled by parents and other adults. Ethics are not something that can be learned in the classroom O B. Everyone believes that ethics are simple and can be easily taught. Among those that believe that this can be taught, some believe there should be specific courses in ethics, and others believe ethics should be embedded throughout coursework. O c. Some believe that ethios are innate and cannot be taught Others believe this should not be taught but instilled by parents and others. Among those who believe ethics should be taught, some believe there should be specific courses in ethics, and others believe ethics should be embedded throughout coursework believe ethics should be taught, some believe there should be specific courses in ethics, and others believe ethics should be embedded throughout coursework. OD. Most believe that ethics are simple and can be easily taught. The numbers are few that believe ethics cannot be taught but must be instilled by parents and other adults. Among those that believe ethics can be taught, all believe that there should be specife course in ethics. Clinin
The correct response is C. Some people think morality comes naturally and cannot be learned. Others contend that parents and others should impart ethics rather than teaching them. Some people who think ethics should be taught think there should be dedicated courses in ethics, while others think ethics should be incorporated throughout all subjects.
Axiology, a branch of philosophy that encompasses both aesthetics and ethics, is concerned with questions of worth. Ethics, a branch of philosophy known as moral philosophy, is concerned with "systematizing, defending, and approving concepts of right and wrong action." By defining terms like "good" and "evil," "right" and "wrong," "virtue" and "vice," "justice" and "crime," ethics attempts to answer issues of human morality. Moral philosophy is a branch of philosophy that overlaps with descriptive ethics, value theory, and moral psychology as areas of study. It addresses the rational underpinnings of our moral judgments and investigates what is ethically right or wrong, just or unjust.
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Discuss whether ethics should be taught, for example, in university courses.
A. Everyone believes that ethics are innate and cannot be taught. Ethics should be instilled by parents and other adults. Ethics are not something that can be learned in the classroom.
B. Everyone believes that ethics are simple and can be easily taught. Among those that believe that ethics can be taught, some believe there should be specific courses in ethics, and others believe ethics should be embedded throughout coursework.
C. Some believe that ethics are innate and cannot be taught. Others believe ethics should not be taught but instilled by parents and others. Among those who believe ethics should be taught, some believe there should be specific courses in ethics, and others believe ethics should be embedded throughout coursework.
D. Most believe that ethics are simple and can be easily taught. The numbers are few that believe ethics cannot be taught but must be instilled by parents and other adults. Among those that believe ethics can be taught, all believe that there should be specifc course in ethics.
1.how is carrefour's marketing mix kept consistent across markets? 2.what value does carrefour provide consistently in all of the various countries in which it operates? 3.how do local partners help carrefour overcome difficulties in new markets?what is the advantage of that approach? 4.explain the impact of the drivers of globalization described in this chapter with regard to carrefour. 5.how have the factors that create international marketing complexity both helped and hurt carrefour? has the impact been mostly positive or mostly negative?
To increase its appeal, Carrefour must put into action a two-pronged strategy: cut management costs to offer customers more affordable prices and invest in two top initiatives, the omnichannel strategy and the shift to universally accessible food.
Your business goals might be guided by your marketing mix. It helps you stay on course while keeping your target audience at the forefront of your thoughts. You can ensure that your company is promoting the appropriate product to the appropriate audience at the appropriate price and timing with the aid of your marketing mix. The primary goal of marketing is to boost sales.
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1. At the point where the demand and supply curves for a product intersect: a. "selling price and the "buying price" need not to be equal b. market may not be in equilibrium c. either a shortage or a surplus of the product might exist, depending upon the degree of competition d. the quantity that consumers want to purchase and the amount producers choose to sell are the same
The correct answer is option a. At the point where the demand and supply curves for a product intersect, "selling price and the "buying price" need not to be equal there.
The intersection of the demand and supply curves for a product is a crucial concept in microeconomics. This is where the forces of demand and supply meet to determine the market price and the quantity of a product that will be sold in the market.
At the point where the demand and supply curves intersect, the market price is established. This is the price at which buyers are willing to purchase the product and sellers are willing to sell it. The market price is a result of the interplay between the forces of demand and supply, and it is determined by the intersection of the demand and supply curves.
However, it is important to note that the "selling price" and the "buying price" need not be equal. Sellers may have a higher price in mind, while buyers may have a lower price in mind. The market price is a compromise between the two, and it is determined by the point where the demand and supply curves intersect.
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they are properties or characteristics of a particular entity about which we wish to collect and store data
When we collect and store data, we often want to capture specific properties or characteristics of a particular entity. These properties or characteristics can provide valuable insights into the entity and help us make informed decisions.
For example, if we were collecting data about students in a school, the properties or characteristics of each student that we might want to capture could include their name, date of birth, address, grade level, and more.
In order to effectively collect and store data about an entity, it is important to identify the relevant properties or characteristics of that entity. This information can then be used to design a data collection form or database to capture and store the data in a structured and organized manner.
It is also important to consider the quality and accuracy of the data that is collected, as well as the methods used to collect and store the data. This can ensure that the data collected accurately represents the properties or characteristics of the entity and can be used to make informed decisions or analyze trends.
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The principle of using the strongest manipulation possible should be tempered when it O creates extreme, unrealistic situations. O is especially low-cost O is a double-blind experiment. O causes extreme ceiling or floor effects.
The principle of using the strongest manipulation possible should be tempered when it creates extreme, unrealistic situations.
For two reasons, staged manipulations are most commonly utilized. To begin, the researcher may be attempting to induce a psychological state in the participants, such as frustration, rage, or a momentary decrease in self-esteem. When treatments fail, manipulation checks give opportunity for these internal evaluations. They provide the researcher with a second, correlational approach of testing the plausibility of the hypothesis, even if the manipulation proved ineffectual.
Manipulation checks are especially significant when the independent variable is manipulated but has no influence on the dependent variable. It enhances the likelihood that the independent variable will have a statistically significant influence on the dependent variable by maximizing the differences between the two groups.
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best builders just started using quickbooks in july of the current year. prior to using quickbooks they were using a payroll processing firm to manage their weekly payroll. beginning in july, they want to process their own payroll in quickbooks and want to prepare the quarterly and annual forms when they become due. what tool can help them efficiently enter their startup payroll totals without creating actual general ledger transactions.
The tool that can be used to help them efficiently enter their startup payroll totals without creating actual general ledger transactions is timesheet info. That tool will automatically entered into the Earnings sections of the Preview window.
In economic and business, A timesheet generally can be defined as a data table which an employer can use to track the time a particular employee has worked during a certain period. A corporation or also company in Businesses usually use timesheets to record time spent on tasks, projects, or clients. Timesheet will make sure the employee was set up to Use the Time Data to Create Paycheck. The common application to make it easy is Quickbooks, so that best builders using it.
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how to allocated asset when withdraw from limited partnership
Allocating assets when withdrawing from a limited partnership is a process that involves determining the distribution of assets among the partners.
When one partner decides to withdraw from the partnership, the assets must be divided in a manner that is fair and equitable to all partners.
The first step in allocating assets is to determine the value of the partnership's assets. This is typically done by hiring an independent appraiser to evaluate the assets and determine their fair market value.
Once the value of the assets has been determined, the partnership agreement can be used to determine how the assets should be divided among the partners.
In a limited partnership, the partners typically have different levels of ownership and control over the assets. The partnership agreement will typically specify the percentage of ownership that each partner has, and this information can be used to allocate the assets when a partner withdraws.
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which of the following is not included in gdp? group of answer choices the payments for a chiropractor's services cash income paid to a day laborer that is not reported to the tax authorities the replacement of brake pads on your six-year-old vehicle the fees for legal services rendered by your lawyer
Sales of secondhand items, illicit trade in goods and services (which we call the black market), and monies made by the government as transfers. The GDP only includes items and services produced domestically.
GDP equals private consumption plus gross domestic product plus government investment plus government spending plus (exports – imports). The national statistical office of the nation typically calculates GDP using the international standard. sales of items manufactured outside of our national boundaries. illicit trade in goods and services (which we call the black market).Monies made by the government as transfers.Products that are used as raw materials to create other finished goods.
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Which two of the following questions are fundamental criteria for a strategy? (a) Will stakeholders be satisfied with the strategy? (b) Where should we compete? (c) Does the strategy address the key opportunities and constraints that the organization faces? (d) How should we compete?
The two questions are fundamental criteria for a strategy, "Will stakeholders be satisfied with the strategy?" and "Does the strategy address the key opportunities and constraints that the organization faces?". The correct option is A and C.
The stakeholders is the individual or company who's buys the stocks or shares from the company in return of the equity holder in the company's partnership.
To execute any new strategy and products or services, the stakeholder's decision matter and the financial manager will consider it. That's why, any new strategy execute, these two questions are necessary. "Will stakeholders be satisfied with the strategy?" and "Does the strategy address the key opportunities and constraints that the organization faces?".
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what may be some pros and cons of a confrontation meeting with employees to announce change initiatives? what outcomes would you expect?
The goal of a employee meeting is to give refreshes, convey declarations, request criticism, share data and take part in a group climate. To be compelling, staff gatherings ought to have a point by point plan, a period limit and an assigned mediator. This helps in performance management
The Pros, Cons and Outcomes of employee meeting which help in performance management are as follows -
Pros:
Cons:
Can lead to resistance and pushback if not handled properlyCan cause anxiety and stress among employeesMay result in negative emotions such as anger or frustrationCan undermine trust and morale if handled poorlyOutcomes:
Clarity on the change initiatives and expectationsImproved understanding of the rationale behind the changeOpportunity to address concerns and challengesEnhanced employee engagement and commitment to the changeImproved communication and collaboration among employees and management.Know more about performance management - https://brainly.com/question/28921166
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how does being a limited partner in a business enterprise differ from being a stockholder assuming the same percentage of owership
Being a limited partner in a business differs from being a shareholder in that the limited partner has no voting rights in the company and is not involved in day-to-day running business. As limited partners, they are tasked with providing capital to business for investment purposes and sharing profits or losses of the business.
On the other hand, the shareholder would have voting rights and a say in the decision-making process of the company. They also have the right to buy and sell shares in the company, which limited partners do not have. A shareholder is also subject to the same risks that accompany any investment, while a limited partner is usually only liable up to the amount he has invested in the business.
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mint's tax rate is 30%. in mint's december 31, year 1, balance sheet, what amount should be reported as total retained earnings?
After the transfer of the prepaid taxes into tax expense accounts, the amount of retained earnings to be reported on Mint's December 31, Year 6 balance sheet would be $5,400,000.
The amount of retained earnings reported on a company's balance sheet on December 31 of year 1 depends on a variety of factors such as the company's net income, dividends declared, and any other adjustments made to retained earnings throughout the year.
Current assets are assets that are collectible within one year.
Cash = $600,000
Accounts Receivable, net = $3,500,000
Costs in excess of billings on long-term contracts = $1,600,000
Total current assets = $5,700,000
However, once the current tax bill is calculated, the prepaid taxes of $300,000 are transferred into tax expense accounts to cover the current tax expenses.
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using the marketing lecture as a resource, and considering the strategy you have selected for your capsim company, discuss specifically how you will use marketing to grow your revenues (top line sales)? for example, will you increase your marketing investments for all products equally; what will be the timing of your investments; will early investments in marketing be more important to implement your strategy than later investments
The strategy that i have selected for my capsim company is:
Marketing investments: the company may choose to increase marketing investments for all products equally or focus more on certain products. This will depend on the specific business strategy and the target market segments. Timing of investments: the timing of marketing investments is crucial in driving top-line sales. The company may choose to invest heavily in marketing at the launch of a new product to create awareness and build momentum. Early investments: in marketing are often more important to implement a strategy as they help to build brand recognition, create awareness and drive sales. This is especially true for new product launches where early investments can help to establish a strong position in the market and build momentum for future sales.In conclusion, the use of marketing to grow revenues will depend on the specific strategy selected for the Capsim company. The company may choose to increase marketing investments equally, focus on certain products, or adjust the timing and amount of investments based on the business objectives and target market segments.
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49 which directory is the administrative superuser's home directory?
/root/ is the home directory for superuser "root" /sbin/ and /usr/sbin/ for storing system commands. /tmp/ is a temporary system directory.
Everything in Linux/UNIX is based on file systems. The file system consists of various directory (Windows calls them "folders"). The root ("/") is the base of the file system. Some directories are part of the file system even though they may be on other partitions or drives. Some directories may even exist on completely different computers running completely different operating systems, but they are still part of the file system. Below is a list of some of the more common directories in Linux file systems (not all directories are included on all systems):
/ is the root directory
/bin/ and /usr/bin/ store user commands.
/boot/ contains files used to boot the system, including the kernel.
/dev/ contains device files
/home/ is the default location for the user's home his directory. /initrd/ is used to load the required device modules and mount the initrd.img image file when the system boots.
/lib/ and /usr/lib/ contain library files used by programs in /bin/ and /sbin/.
/lost+found/ contains orphaned files (files without names) found by fsck
/mnt/ contains mount points for file systems mounted after boot.
/opt/ is primarily used for installing and uninstalling third-party software. Contains optional files and programs. /proc/ is a virtual directory (not actually stored on disk) that contains system information needed by certain programs.
/root/ is the home directory for the superuser "root".
/sbin/ and /usr/sbin/ contain system commands.
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according to the traditional rule if sam a minor purchased a television from an electronics shop with 100 down payment on a oneyear credit contract and accidently damaged it a week after he took it home true or false
It is totally appropriate to be mentioning that a minor could return the television to the store in a damaged condition if he or she purchases a television on a one-year credit contract. Thus, the statement is to be held as true.
A contract involving credit only takes place between a buyer and a seller. However, when the buyer to the contract is a minor, then the essentials to the contract are completely in contrast to that of a regular one. As a result, the minor may also return the product in a damaged condition, when the contract involves credit.
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Complete question
According to the traditional rule, if Sam, a minor, purchased a television from an electronics shop with a $100 down payment on a one-year credit contract and accidentally damaged it a week after he took it home, he could return the television to the store in its damaged condition and tell the owner he was rescinding the contract. Sam would then be entitled to the return of his $100 down payment and would owe no further obligation to the store.
A. true
B. false
how does product naming and intellectual property protection help support the success of a product? provide an analysis
Brand recognition when a company builds strong consumer goodwill,its identifying trademark is the source of certain products.
Intellectual property rights can sometimes be an extremely valuable bargaining tool and can be sold for financial gain. For those small manufacturers looking to use innovation to differentiate themselves from the competition, intellectual property describes the exclusive rights they can obtain under the law to protect something unique that they have developed.Protecting your intellectual property is a means of securing an economic advantage for your business and ensuring that you can defend your unique ideas,products and services.The best way to protect intellectual property is to register it with the government and enforce your property rights.Intellectual property rights guarantee that the creator has sole authority over the creation of it.Infringement With intellectual property rights,creators are protected against any competitor who illegally infringes on the creation.For example, a businessman's scientific invention is his own.
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For Local factors explain how Competitors and Supplies affect your business?One whole paragraph
Answer:
Competitors and suppliers play a crucial role in shaping the success of a business. The presence of strong competitors in the market can increase the level of competition and put pressure on a business to perform better in terms of quality and pricing. This can result in businesses innovating and improving their offerings to stand out from the crowd. On the other hand, having weaker competitors can result in a lack of competition and less motivation for businesses to improve their offerings. In either case, it is important for businesses to keep a close eye on their competitors and adjust their strategies accordingly.
In terms of supplies, the availability and quality of raw materials and components can greatly impact a business's ability to produce its products or deliver its services. A dependable and consistent supply chain is crucial for a business to maintain its operations and meet customer demands. On the other hand, an unreliable or inconsistent supply chain can result in production disruptions, delays and increased costs. It is important for businesses to establish strong relationships with their suppliers and to have contingency plans in place to minimize the impact of supply chain disruptions. By considering both competitors and suppliers, businesses can ensure they are well positioned to succeed in the local market.
in the environment in which barilla operated in 1990, do you believe JITD would be feasible?
One of the deeper reasons for the problem the JITD program was created to solve was the impact of erratic demand from Barilla dealers.
Extreme fluctuations in demand have strained Barilla's production and logistics, making it very difficult for Barilla to meet this demand. By reducing inventory, Barilla saves both space and money. It also reduces waste from obsolescence. The feasibility of a JITD program includes the following practices: Eliminate overstock and overstock with the JIT inventory management model. Main problems and their causes. A major problem for Barilla is the increasing volatility of demand, straining production and logistics processes. The second problem is the internal resistance of Barilla's sales and marketing organization to his JITD program.
For Barilla, the demand for Barilla products is fluctuating, and the fluctuations in demand from customers are very high. Apart from that, Barilla's promotional activities and changes in the prices of its products have also caused a bullwhip effect along the supply chain.
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you decide to drive your car on a long road trip of 1,500 miles. the opportunity cost of driving your car:
Includes any wages you would have made if you hadn't been driving.
What does "cost" mean?A cost is the worth of money that has been used to produce something or provide a service and is thus no longer accessible for use in manufacture, research, retail, and accounting. In the case of an acquisition cost, the money spent on the acquisition is considered the cost.
How much and what kinds?A good or service's production-related direct expenses. Raw materials, labour, and other production-related expenses such as distribution charges are all considered direct costs. It is simple to link the expense to a particular project, division, or product.
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what trade-offs are necessary for concentrating power in a central government versus dispersing power among the states?
The trade-offs for concentrating power in a central government versus dispersing power among the states include Centralized power and Dispersed power.
Government is full of trade-offs as well. For example, more security at airports typically means less comfort for passengers. Increased paperwork and bureaucracy are frequently the results of increased supervision of government spending.
Centralized power: More efficient decision-making and problem-solving. Greater uniformity and consistency in laws and policies. Increased capacity for national defense and large-scale projects. Potential for tyranny and abuse of power by a central authority.
Dispersed power: Encouragement of local innovation and creativity. Greater representation and responsiveness to local interests and needs. Protection against the concentration of power leading to tyranny and abuse. Lack of consistency and uniformity in laws and policies across states.
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Strategic behavior
A firm engages in strategic behavior when it attempts to influence the future behavior of other firms.
Strategic behavior is an important concept for businesses to understand and implement when attempting to compete in the market. It involves the use of tactics and strategies that can influence the behavior of other firms in order to gain an edge.
Strategic behavior can involve a wide range of activities, from setting up marketing campaigns to changing prices and offering new services. The goal of strategic behavior is to create an advantage for the firm in the marketplace by influencing the decisions of other firms.
For example, a firm may engage in strategic behavior by setting prices that are lower than those of its competitors. This can create an incentive for other firms to lower their prices in order to remain competitive. Similarly, a firm could offer a new product or service that its competitors do not have, in order to gain a competitive edge.
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if there was a movement from point e to point d on the production possibilities curve, what would be the opportunity cost? responses 4 computers 4 computers 6 bicycles 6 bicycles 2 computers 2 computers 2 bicycles
The opportunity cost of moving from point E to point D on the production possibilities curve would be 2 bicycles. Here option D is the correct answer.
This means that if the economy wants to produce 2 more computers, it must give up 2 units of bicycle production. The opportunity cost is expressed as the number of units of one good that must be given up in order to produce an additional unit of the other good.
In this case, the opportunity cost of producing 2 more computers is 2 bicycles. The production possibilities curve (PPC) is a graphical representation of the maximum combinations of two goods that can be produced with given resources and technology.
The PPC shows the trade-off between producing two different goods and the opportunity cost of choosing one good over the other. Opportunity cost is an economic concept that refers to the cost of foregone opportunities.
Complete question:
If there was a movement from point e to point d on the production possibilities curve, what would be the opportunity cost? responses
A - 4 computers 4 computers
B - 6 bicycles 6 bicycles
C - 2 computers 2 computers
D - 2 bicycles
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maxwell and smart are forming a partnership. maxwell is investing a building that has a market value of $87,000. however, the building has a $49,000 note payable that will be assumed by the partnership. smart is investing $34,000 cash. the balance of maxwell's capital account will be:
The balance of Maxwell’s capital account will be equal to $38,000.
Which can be calculated as the difference between the market value of the building and the note payable. This amount is calculated by taking the market value of the building ($87,000) and subtracting the note payable ($49,000) that the partnership is assuming.
The total capital invested by the partnership is $87,000 from Maxwell’s building and $34,000 from Smart’s cash investment, for a total of $121,000.
Therefore, Maxwell’s capital account balance is $38,000, which is the total capital investment of $121,000 minus Smart’s $34,000 cash investment.
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