the shape of argentina's production possibilities frontier (ppf) should reflect the fact that as argentina produces more cars and fewer trucks, the opportunity cost of producing each additional car
Answers
Remember that the same set of resources can be used to make both tablets and smartphones. This means that if Argentina decides to create more smartphones and fewer tablets, the resources utilized to make the additional smartphones will be just as well suited to smartphone production as the resources presently employed in smartphone production. When a result, as more smartphones are created, the opportunity cost of generating each additional smartphone remains constant.
The opportunity cost of making cellphones is reflected in the curvature of bowed-out PPFs. Producing one additional tablet entails giving up fewer smartphones in flatter places. In hilly places, however, generating an additional tablet necessitates giving up more smartphones. In other words, as you move along the PPF, the opportunity cost of creating tablets changes.The opportunity cost of making tablets is constant in linear PPFs and is reflected in the slope of the PPF. If the PPF is flatter, creating an additional tablet necessitates the sacrifice of fewer cellphones. If the PPF is higher, creating an additional tablet necessitates the sacrifice of more cellphones.Because the opportunity cost of making additional tablets remains constant when more resources are allocated to tablet manufacture, the PPF must be linear in this scenario. As a result, Graph 1 best reflects Argentina's trade-off between generating tablets and smartphones.Thus, this is the meaning of Argentina's Production Possibilities frontier (PPF).
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Related Questions
Distinguish between 'value' and 'price'.
Answers
15. Answer the following questions based on the given table: Unit of commodity consumed Total utility 1 5 2 9 3 12 4 5 6 7 8 b. C. 15 15 14 12 Marginal utility Complete the given table. Draw the total and marginal utility curves from the completed table. Show the relationship between total and marginal utility curves. [2+1.5+1
Answers
From the complete table, the total utility curve increases initially, reaches a maximum point, and then starts to decrease, while the marginal utility curve decreases and eventually becomes negative.
How to solveUnit of Commodity Consumed Total Utility Marginal Utility
1 5 -
2 9 4
3 12 3
4 15 3
5 15 0
6 14 -1
7 12 -2
8 - -
Now that we have the table completed, let's discuss how to draw the total and marginal utility curves and their relationship.
Total Utility Curve:Plot the points on a graph with the "Unit of Commodity Consumed" on the x-axis and "Total Utility" on the y-axis.
Connect the points to form a curve.
Marginal Utility Curve:Plot the points on the same graph with the "Unit of Commodity Consumed" on the x-axis and "Marginal Utility" on the y-axis.
Connect the points to form a curve.
Relationship between Total Utility and Marginal Utility curves:
The total utility curve represents the cumulative satisfaction obtained from consuming the commodity. The marginal utility curve represents the additional satisfaction gained from consuming one more unit of the commodity.
The relationship between the two curves can be observed in the following ways:
When the total utility curve is increasing at a decreasing rate, the marginal utility curve is positive but decreasing.
When the total utility curve reaches its maximum point and becomes flat, the marginal utility curve is at 0 (indicating no more additional satisfaction is gained from consuming an extra unit).
When the total utility curve is decreasing, the marginal utility curve becomes negative (indicating dissatisfaction from consuming additional units).
In this case, from the completed table, we can observe that the total utility curve increases initially, reaches a maximum point, and then starts to decrease, while the marginal utility curve decreases and eventually becomes negative.
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The interest rate banks charge their customers is known as the
rate.
A. discount
B. securities
C. prime
D. mortgage
Answers
Answer:
Prime
Explanation:
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Why does the quantity of salt demanded tend tobe un responsive to changes in its price
Answers
The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.
Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.
Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.
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When text is indented in an outline, what does that usually mean?
A.
The indented text is not very important.
B.
The viewer should ignore the indented text.
C.
The speaker should spend more time talking about the indented text.
D.
The indented text supports the main idea above it.
Answers
Answer:
D
Explanation:
its is D because why not ight
Answer:
D. The indented text supports the main idea above it.
Explanation:
Got a 100! This answer was correct.
In your opinion, why do you think employers consider dependability such an important
character trait? Explain your answer.
Answers
Answer:
I think employers consider dependability as such an important trait becuase If you dont have a dependable employee, then you will have to hope thibgs get done or that they even show up. Another reason is that if there is something ver very important involving them, you would want to make sure you can rely and count on them.
Explanation:
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How does the chain of command facilitate the operations of a large structured organization?
Answers
Answer:
The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.
Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce
The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies
Explanation:
Alex buys (goes long) on a futures contract on a Treasury Bond. The minimum contract size is $100,000 and the initial price is 120% of face value. The following day the price moves to 120.25% of face value. What is the total dollar amount of the gain or loss?
Answers
We need to determine the difference between the initial price and the current price, and then multiply it by the contract size.Therefore, the total dollar amount of the gain or loss on the futures contract is $25,000.
Initial price: 120% of face value = 120% * $100,000 = $120,000
Current price: 120.25% of face value = 120.25% * $100,000 = $120,250
Gain or Loss = (Current Price - Initial Price) * Contract Size
= ($120,250 - $120,000) * $100,000
= $250 * $100,000
= $25,000
Therefore, the total dollar amount of the gain or loss on the futures contract on a Treasury Bond. is $25,000.
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Honda's new electric unicycle is very unique. It is steered by the rider leaning, computer stabilized through control of its single crabbing wheel (it can move sideways). It has a range of about 3 miles at 3 miles per hour. It takes on hour to recharge. It only weighs 25 pounds, so it can be carried. The cost would be about $2000. The only good reason to produce this would be that
Answers
Answer: Honda could get a lot of notice as innovative company
Explanation:
From the question, we are informed that Honda's new electric unicycle is very unique and that it is steered by the rider leaning, computer stabilized through control of its single crabbing wheel.
It also has a range of about 3 miles at 3 miles per hour, takes n hour to recharge and only weighs 25 pounds, so it can be carried while the cost would be about $2000.
The only good reason to produce this would be that people and every other organization will notice Hinds as being a company that is innovative. This will be advantageous for its brand.
although the majority of americans think budgeting is important, about______ of americans actually use a budget.
Answers
Allison would like to find all records that are in stock. In her database, she has a field named "in stock." When the item is in stock, a "yes" appears. What should Allison do?
Conduct a query and set the criteria as =yes.
Conduct a query and set the criteria to >2.
Locate each record and check each one.
Sort the records in ascending order by item number.
Answers
Answer: she should conduct a query and set the criteria to >2
Explanation:
Don’t know this but I tried I am only in 9th grade
To find the net worth of a company, liabilities are subtracted from assets true or false
Answers
Answer:
To find the net worth, subtract the liabilities from the assets
Explanation:
Assets – Liabilities = Net Worth
If the assets are greater than the liabilities, the net worth is a positive number (which is good). But if net worth is a negative number, the business is not doing well.
Do you know your net worth Subtract your liabilities from yours?Net worth is a measure of what you own, minus what you owe; it's calculated by subtracting all of your liabilities from your total assets. Your home is probably your most valuable asset; other key assets include investments, automobiles, collectables, and jewellery.
What are assets and liabilities?
In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefits. Liabilities are what you owe other parties.
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When establishing guidelines for conforming loans, fannie mae and freddie mac use loan limits set by which entity?
Answers
When establishing guidelines for conforming loans, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation use loan limits set by which entity---- Federal Home Financing Agency.
What is the purpose of the Federal Housing Finance Agency?
The Federal Housing Finance Agency provides supervision, regulation, and housing mission oversight of Federal National Mortgage Association , Freddie Mac, and therefore the Federal Home Loan Banks
What is an FHA loan and how does it work?
An FHA loan is a type of mortgage insured by the Federal Housing Administration that may let you make a down payment as low as 3.5% which has less-restrictive credit requirements than many conventional home loans. you'll use FHA loans to buy a home, refinance your mortgage or renovate a home.
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In the Porter Diamond of National Advantage framework which of the following factors does not affect nation competitiveness?
a. The position of the nation in factors of production necessary to compete in a given industry.
b. The presence or absence in the nation of supplier industries that are internationally competitive.
c. The conditions in the nation governing the nature of foreign rivalry.
d. The nature of home-market demand of the products or services of the industry.
Answers
based on the information provided in this module, what is not considered a best practice when discussing ppe?
Answers
Based on the information provided in the module, the following is not considered a best practice when discussing PPE:
PPE (Personal Protective Equipment) is equipment designed to keep you safe when doing something that has potential risks. It’s important to understand the need for, selection, use, and maintenance of personal protective equipment.
Below are the points that are considered best practices when discussing PPE: Assessment of the hazards before selecting PPE: A hazard assessment should be carried out before PPE is selected to determine the type of PPE to be used. Based on the potential hazards, different PPE items may be required for specific body parts.
A complete assessment of the workplace and the potential hazards must be performed before determining the type of PPE to be used.
Proper training: Employees should be provided with comprehensive training and information about the PPE they will be using, including how to use it properly. Training should cover the importance of wearing PPE, the risks that PPE will protect against, how to select the correct PPE, how to use it correctly, how to maintain and inspect it, how to dispose of it, and so on.
Regular maintenance of PPE: PPE should be maintained on a regular basis, and all defects should be repaired or replaced. PPE should be kept clean and in good working order. Users should inspect PPE before and after each use to ensure it is in good working order and free of damage.
The following statement is not considered a best practice when discussing PPE:"PPE can be shared with colleagues." This statement is false because PPE is intended to be used by a single person and should not be shared. Sharing PPE can result in the transmission of germs and may put others at risk. Each individual should have their own PPE for their own safety.
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NEED HELP!!
Taxes are payments to the blank the are required by law. You need to file a tax return each blank.
Answers
Answer:
year
Explanation:
Answer:
Government and year I believe
Donna is a senior in high school. She works part-time at the local hospital as a nurse’s aide. She enjoys her job and hopes to continue working in the health care fi eld after graduation. Donna does well in school, especially in math and science. However, she fi nds more satisfaction in working with people at the hospital and helping others. Donna would like to become a nurse. Donna cannot afford to spend a lot of time and money on her education beyond high school. If she continues her education, Donna needs to keep working, too. What do you think Donna should do?
Answers
Answer:
apply for a scholarship, go to a community college, check out available financing options for colleges
Explanation:
what sentence describes the human resources department?
1. "he builds strategies to deal with the challenge that the business faces due to the changing economic policies of the government, and market competition"
2. "he ensures that all of the company's activities and policies comply with the labor laws"
3. "he uses software applications to track production of goods. he also tried to target and reach the right custumers"
Answers
Answer:
Sentence 1 "he builds strategies to deal with the challenge that the business faces due to the changing economic policies of the government, and market competition" does not describe the human resources department specifically. It describes a management role in general, and some responsibilities may be shared between different departments such as finance, operations, marketing, etc. However, the HR department could be involved in strategizing how to manage the human capital of the company in light of the external challenges that the business is facing. The human resources department plays an important role in aligning the workforce with the business goals and objectives, and in creating policies and procedures to ensure that the company is able to adapt to changes in the external environment.
Sentence number 2 "he ensures that all of the company's activities and policies comply with the labor laws" describes the human resources department. The Human Resources department is responsible for ensuring that the company complies with labor laws and regulations, and is also responsible for managing the company's employees, including hiring, training, and benefits. The HR department also plays a key role in creating policies and procedures to ensure that the company is a fair and equitable workplace.
Sentence 3 "he uses software applications to track production of goods. he also tried to target and reach the right customers" does not describe the human resources department specifically. It describes a manufacturing or operations role, or a role in sales and marketing. The Human Resources department is responsible for managing the company's employees, including hiring, training, and benefits. The HR department also plays a key role in creating policies and procedures to ensure that the company is a fair and equitable workplace. It also ensures that the company complies with labor laws and regulations and also helps in aligning the workforce with the business goals and objectives.
Explanation:
(a) Toyota motors sells two similar sized cars in Hong Kong. The Corolla (petrol engine) costsHK$ 210,000 while the Prius (petrol+electric engine) costs HK$ 305,000. The Corolla uses23Km/L, while the Prius uses 27Km/L of petrol. Assuming an interest rate of 5%, and a useful lifeof 10 years, and average annual usage of 20000Km, what is the break-even cost of petrol at whichthe two cars are economically equivalent. (b) Assuming that the vehicles can last for the same period, write the equation for the sensitivityof the break-even price of petrol to the annual usage?[Hint: assume that the annual usage is 20000X Km]
Answers
Answer:
Solution
Explanation:
(a) To determine the break-even cost of petrol at which the two cars are economically equivalent, we need to compare the present values of the costs of purchasing and running the two cars over 10 years.
The present value of the cost of purchasing the Corolla is HK$ 210,000, while the present value of the cost of purchasing the Prius is HK$ 305,000. Therefore, the difference in purchase price is HK$ 95,000.
Over 10 years, the Corolla will use 20000/23 = 869.57 liters of petrol per year, while the Prius will use 20000/27 = 740.74 liters of petrol per year. Assuming a petrol cost of P dollars per liter, the present value of the petrol costs for the Corolla is:
PV(Corolla) = (869.57 liters/year) x (P dollars/liter) x [(1 - (1 + 0.05)^-10)/0.05] = 6985.15P
Similarly, the present value of the petrol costs for the Prius is:
PV(Prius) = (740.74 liters/year) x (P dollars/liter) x [(1 - (1 + 0.05)^-10)/0.05] = 5937.92P
The difference in present value of petrol costs between the two cars is:
PV(Prius) - PV(Corolla) = 1047.23P
To find the break-even cost of petrol, we need to set the difference in present value of petrol costs equal to the difference in purchase price:
1047.23P = 95,000
Solving for P, we get:
P = HK$ 90.66 per liter
Therefore, if petrol costs HK$ 90.66 per liter or more, the Prius is economically equivalent to the Corolla over 10 years.
(b) To write the equation for the sensitivity of the break-even price of petrol to the annual usage, we can use the same approach as in part (a), but replace the annual usage with 20000X, where X is a variable representing the annual usage in kilometers. This gives:
PV(Corolla) = (20000X/23) x (P) x [(1 - (1 + 0.05)^-10)/0.05] = 869.57XP x [(1 - (1 + 0.05)^-10)/0.05]
PV(Prius) = (20000X/27) x (P) x [(1 - (1 + 0.05)^-10)/0.05] = 740.74XP x [(1 - (1 + 0.05)^-10)/0.05]
The difference in present value of petrol costs between the two cars is:
PV(Prius) - PV(Corolla) = (740.74XP - 869.57XP) x [(1 - (1 + 0.05)^-10)/0.05]
Simplifying, we get:
PV(Prius) - PV(Corolla) = -128.83XP x [(1 - (1 + 0.05)^-10)/0.05]
To find the sensitivity of the break-even price of petrol to the annual usage, we differentiate the above equation with respect to X:
d(PV(Prius) - PV(Corolla))/dX = -128.83 x [(1 - (1 + 0.05)^-10)/0.05]
Simplifying, we get:
d(PV(Prius) - PV(Corolla))/dX =
Sites like Kickstarter, GoFundMe, and Causes are all examples of what type of altruism?
Group of answer choices
Crowdfunding
Private foundations
Service Learning
Community Service
Answers
the main difficulty of a barter system is finding
Answers
The main difficulty of a barter system is finding a "double coincidence of wants."
This term refers to the challenge of finding two parties who both have something the other wants, and are willing to exchange their goods or services for it. In a barter system, transactions can only occur if both parties have items that the other desires, which makes it more complicated compared to a monetary system.
For example, let's say that Alice has apples and wants bananas, while Bob has bananas and wants oranges. In this scenario, there is no double coincidence of wants between Alice and Bob, making it difficult for them to trade their goods directly. They would need to find a third party, perhaps someone with oranges who wants apples, to facilitate the exchange.
Moreover, the barter system lacks a standard unit of account, which makes it challenging to determine the value of goods and services. This absence of a common measure leads to issues with divisibility, as some goods cannot be easily divided into smaller portions to facilitate a fair trade.
Another issue with barter systems is the lack of a store of value. In a barter economy, it is difficult to save wealth for future use, as goods and services may perish or become obsolete over time. This can hinder long-term planning and economic development.
In conclusion, the primary challenge of a barter system is the double coincidence of wants, which makes transactions more complex and time-consuming compared to monetary systems. Additionally, the lack of a standard unit of account and store of value make it difficult to determine the worth of items and save wealth for future use.
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influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
segmenting people by their feelings about a product category would be an example if which type of segmentation?
Answers
Psychographic segmentation would include dividing the population into groups based on how they feel about a particular product category. People are divided based on their values, attitudes, and interests through psychographic segmentation.
How do demographic and psychographic segmentations differ from one another?Unlike demographic segmentation, which divides potential audiences into groups based on attributes like gender, age, money, etc., psychographic segmentation places more focus on traits like personality and values. To design and place their products and marketing messages for various target groups, market researchers employ psychographic features. In order to develop their marketing plan, marketers conduct market research that includes both demographic and psychographic data. The buyer personas that direct brand positioning, product development, and marketing messaging are given more detail as a result of this knowledge.
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Document 3: What happens to competition in a communist system?
Answers
Answer: There is no competition in a communist system.
Explanation: The people who manage such businesses are often political appointees, chosen more for their social and political connections than for their understanding of the businesses that they manage.
Apnex, Inc., is a biotechnology firm that is about to announce the results of its clinical trials of a potential new cancer drug. If the trials areâ successful, Apnex stock will be worth per share. If the trials areâ unsuccessful, Apnex stock will be worth per share. Suppose that the morning before the announcement isâ scheduled, Apnex shares are trading for per share. a. Based on the current shareâ price, what sort of expectations do investors seem to have about the success of theâ trials? b. Suppose hedge fund manager Paul Kliner has hired several prominent research scientists to examine the public data on the drug and make their own assessment of theâ drug's promise. Wouldâ Kliner's fund be likely to profit by trading the stock in the hours prior to theâ announcement? c. Which factors would limit the ability ofâ Kliner's fund to profit on itsâ information?
Answers
Based on the current share price, the expectation that investors seem to have about the success of the trials is that the market share seems to assess a somewhat greater than 50% chance of success.
If the hedge fund manager hires research scientists to examine the public data on the drug, Kilner's fund will likely profit, if they have better information than other investors.
Lastly, the factor that can limit the ability of Kilner's fund to profit on its information will be that the market may be illiquid and thereby no one wants to trade with them.
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Total net shipments of aluminum (in billions of pounds) are approximated by g(x) = 17.3 + 3.52 In(2x + 1) where x=0 corresponds to year 1990. a. How many pounds of aluminum were shipped in 2007? b. Assuming the continued accuracy of the model, when will aluminum shipments reach 31,600,000,000 pounds?
Answers
a. To find the total pounds of aluminum shipped in 2007, we need to substitute the corresponding value of x into the given equation. b. To determine when aluminum shipments will reach 31,600,000,000 pounds, we need to solve the equation g(x) = 31.6.
Given that x=0 corresponds to the year 1990, we can determine the value of x for the year 2007 by subtracting 1990 from 2007:
Year 2007 - Year 1990 = 17
So, x=17 for the year 2007.
Substituting x=17 into the equation g(x), we have:
g(17) = 17.3 + 3.52 ln(2(17) + 1)
Calculating the right-hand side of the equation, we find:
g(17) ≈ 17.3 + 3.52 ln(35) ≈ 17.3 + 3.52(3.555) ≈ 17.3 + 12.527 ≈ 29.827
Therefore, approximately 29.827 billion pounds of aluminum were shipped in 2007.
b. To determine when aluminum shipments will reach 31,600,000,000 pounds, we need to solve the equation g(x) = 31.6.
31.6 = 17.3 + 3.52 ln(2x + 1)
Subtracting 17.3 from both sides of the equation, we have:
14.3 = 3.52 ln(2x + 1)
Next, divide both sides of the equation by 3.52:
ln(2x + 1) ≈ 14.3 / 3.52 ≈ 4.067
Now, take the exponential of both sides to eliminate the natural logarithm:
2x + 1 ≈ e^4.067 ≈ 58.563
Subtracting 1 from both sides of the equation:
2x ≈ 58.563 - 1 ≈ 57.563
Finally, divide both sides of the equation by 2 to solve for x:
x ≈ 57.563 / 2 ≈ 28.7815
Therefore, assuming the continued accuracy of the model, aluminum shipments will reach approximately 31,600,000,000 pounds in the year 1990 + 28.7815, which is approximately 2018.
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What is the advantage of opening a credit card account at a young age?
A. It helps people begin to accumulate debt.
B. It allows people to defer their tax payments.
C. It helps people begin to build a credit history.
D. It allows people to take advantage of high interest rates.
Answers
Explanation: when you get a credit card at a young age, it helps your credit go up, so when your older you have good credit!
Answer:
It helps people begin to build a credit history
How does loadshedding affect consumers in South Africa?
Answers
Answer:
The load shedding break-out caught many unsuspecting South African households unaware as little to nothing had been announced about it. Businesses, especially petrol stations without any form of back-up energy were forced to close shop for close to five hours while others quickly cranked their generators to life just to keep the lights and the pumps on. Individual households were not spared either as they were also left in the darkness. The South African Insurance Association is acutely aware of the risks that comes with such intermittent power surges to household appliances.
Explanation:
pls hurry
Your friend recently
opened a retail shoe store. She knows she needs to pay sales tax
but isn't sure how much. HST is calculated by the cash register.
HST rate is 15%. Sales, before taxes, f
Answers
In this case, $100 * 0.15 = $15, which matches the initial HST amount calculated.
If your friend's retail shoe store is located in a jurisdiction where the Harmonized Sales Tax (HST) applies, the HST rate of 15% would be calculated on the sales amount before taxes. Let's assume that your friend made a sale of $100 (before taxes). To determine the amount of HST payable, you can follow these steps:
1. Calculate the HST amount: Multiply the sales amount by the HST rate. In this case, $100 * 0.15 = $15. This is the amount of HST that needs to be collected from the customer.
2. Calculate the total amount: Add the sales amount and the HST amount to get the total amount payable. In this case, $100 + $15 = $115. This is the total amount that the customer would pay, including the HST.
3. Separate the sales and HST amounts: To determine the breakdown between sales and HST, you can subtract the HST amount from the total amount. In this case, $115 - $15 = $100. This represents the sales amount before taxes.
4. Verify the HST calculation: You can double-check the HST calculation by multiplying the sales amount before taxes by the HST rate. In this case, $100 * 0.15 = $15, which matches the initial HST amount calculated.
It's important for your friend to ensure that the cash register is programmed correctly to automatically calculate the HST based on the sales amount before taxes. This way, the correct amount of HST will be collected from customers, making it easier for your friend to remit the appropriate taxes to the tax authorities on a regular basis.
Please note that tax regulations and rates can vary depending on the jurisdiction, so it's advisable for your friend to consult with a tax professional or local tax authority to ensure compliance with the specific tax laws applicable to their retail shoe store.
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