If a business is using factors of production 100% efficiently, the plot will be on the curve. However, most business efficiency falls inside the
curve. Why is this?

A. They are not making efficient use of their factors
of production.

B. They are making over 100% efficient use of their
factors of production.

C. They are making inequitable use of their factors
of production.

Answers

Answer 1

Answer: A. They are not making efficient use of their factors of production.

Explanation:

Production Possibilities Curve helps in capturing opportunity cost and scarcity when an economy produces two goods or services.

It should be noted that the points on the interior of the PPC simply means that the economy is inefficient. The points on the PPC implies that the economy is efficient, while the points beyond the PPC simoky means that they are unattainable.

Based on the question, the production points inside the curve simply implies that the economy isn't producing at its comparative advantage, and therefore, they are not making efficient use of their factors of production.


Related Questions

Match the terms.

a. Initial Markup
b. Additional Markup
c. Markup cancellation
d. Markdown
e. Markdown cancellation

1. original amount of markup from cost to selling price
2. Increase in selling price subsequent to initial markup
3. Elimination of an additional markup.
4. Reduction in selling price below the original selling price
5. Elimination of a markdown

Answers

I could be completely wrong here but I believe just by breaking down the terms and some common sense... I THINK the answers match up. like a1, b2, c3, d4, e5. If I'm wrong I'm so sorry! But if i'm right I'd love a Brainliest...

typical capital budgeting decisions include ______ decisions.

Answers

The answer is because

Typical capital budgeting decisions include equipment selection, cost reduction, and lease or buy decisions.

What is budgeting?

The process of making a spending plan is known as budgeting. Budget refers to this plan for spending money. Making this stimulus package enables you to estimate your financial situation in advance and decide whether we had enough resources to accomplish your goals. Simply adjusting your income and expenditures constitutes budgeting.

The procedure is examining the cash flows into and out of a project to ascertain whether the anticipated return reaches a predetermined standard. Net present value, payoff, and transit assessments are three of the main budgeting techniques. The economic viability of a capital spending can be ascertained using a number of budgetary control analysis techniques.

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if ford mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then according to ppp pound is ______ and should ________.

Answers

Based on the information given, it can be deduced that according to ppp, pound is overvalued and should depreciate.

Purchasing power parity (PPP) simply means the idea that goods in a country will be the same cost in another country once their exchange rate is applied.

From the information given, since Ford Mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then, pound is overvalued and should depreciate.

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You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim?

Answers

You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim? No, it does not support their advertising claim.

buy now pay later catalogs for people with bad credit

Answers

According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.

What is Buy now Pays later?

Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.

There are various Buy now Pays later providers. Some of them include:

FlexshopperBradford ExchangeLeasevilleHSN, etc.

Hence, in this case, it is concluded that various Buy now Pays later providers are out there.

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Structural unemployment results when the number of jobs is insufficient for the number of workers. True False

Answers

Structural unemployment is a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. Structural unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer. Jobs are available, but there is a serious mismatch between what companies need and what workers can offer.

What is a product mix ?

Answers

Full set of products

Kane manages a used bookstore. He reads a report advising him to stock
more encyclopedias. However, the report is mistaken; customers in Kane's
town hardly ever buy encyclopedias. What problem could this mistake cause?
A. The report could be difficult for Kane to understand.
O B. The bookstore could run out of inventory.
C. The bookstore's reputation could be damaged.
D. The bookstore could lose money if customers buy less than
expected.
SBSM

Answers

Answer:

I would say that the answer is D. If he knows that people don't buy encyclopedia's, yet he stocks them, the store could lose money because no one would buy it.

Explanation:

Hope this helps. :D

The bookstore could lose money if customers buy less than expected, is the problem Kane would face by this mistake. Thus, option D is correct.

What is encyclopedia?

Throughout its lengthy history, the definition of the word "encyclopedia" has undergone significant alteration. Most people today imagine an encyclopedia to be a multivolume compilation of all knowledge, complete with maps, a thorough index, and a variety of ancillary materials like bibliographies, illustrations, lists of abbreviations and foreign words, gazetteers, etc.

They assume that it will contain biographies of important people from the past and the present, and that the alphabetically arranged contents will have been written in their own language by a large number of people and edited by a highly qualified and scholarly staff; however, none of these components have remained constant over time.

Therefore, we can conclude that option D is correct.

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What is the surface area of the Ceral box?
Hight is 30 width is 20 side width is 5

Answers

Answer:

The surface area of the ceral box is 1,500u².

Explanation:

2(30 × 5)+2(30 × 20)= 1,500

30 × 5 = 150

30 × 20 = 600

150 × 2 = 300

600 × 2 = 1,200

1,200 + 300 = 1,500

There's your answer, hopefully it's correct!

If the dollar amount of total return on your mutual fund is $165 and the original cost of your investment is $1,200, then what is your percentage of total return

Answers

Answer:

% 70

Explanation:

It is important for the salesperson to pay close attention to the buyer's interests during the need discovery phase to:

Answers

Based on business strategy, the salesperson needs to pay close attention to the buyer's interests during the need discovery phase to "uncover the dominant buying motives."

What is the Need Discovery Phase?

The need discovery phase is when firms or salespeople try to understand the motives of the consumers, their needs, and requirements.

As a salesperson, knowing why the buyer or consumer wants to buy a product will give you an edge to know how to market your products to the consumer.

Hence, in this case, it is concluded that the correct answer is "uncover the dominant buying motives."

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Can some people give me free adopt me pets? Just put in your user and I'll add u

Answers

Answer:

U can have my fly ride neon unicorn

Explanation:

Indicate whether each of the following is used in the calculation of the official poverty measure, the Supplemental Poverty Measure, or both. (2 points)
Official Poverty Measure
Supplemental Poverty Measure
Both
food costs
O
O
housing costs
o
O
o
utilities costs
o
O
о о
clothing costs
O
O

Answers

The Official Poverty Measure is used to estimate numbers of people unable to afford basic needs with little or no government assistance

The Supplemental Poverty Measure is used to measure the economic deprivation, that is, people having insufficient financial resources to achieve a specified standard of living.

The official poverty measure is based on cash resources while the Supplemental Poverty Measure is based on both cash and noncash benefits and subtracts necessary expenses.

The cost including food costs, housing costs, utilities costs and clothing costs are elements used in calculation of the Official poverty measure and Supplemental Poverty Measure.

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Answer:

Clothing Costs: Supplemental Poverty Measure
Food costs: Both
Housing costs: Supplemental Poverty Measure
Ultilities cost: Supplemental Poverty Measure

Explanation:
I litterally made a brainly account just to give this answer you best believe its right

why do many people have a fraught relationship with money?

Answers

Answer:

They often put their wants before their needs

56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes

Answers

Long term borrowing!!
B long term borrowing or sale of bonds !!

A chicken farmer can produce one crate of eggs at a cost of $9. 86, and can sell that crate for $34. 24. If the farmer has a starting overhead cost of $7,312, not including production costs, how many crates must be sold in order to realize a profit of $11,300, to the nearest crate? a. 164 b. 330 c. 463 d. 763.

Answers

Based on the equation used, the number of crates that must be sold in order to realize the profit is 763 crates.

Let the number of crates be represented by x.

Based on the information given, the equation to solve the question will be:

(34.24 × x) - (7312 + 9.86x) = 11300

34.24x - 7312 - 9.86x = 11300

34.24x - 9.86x = 11300 + 7312

24.38x = 18612

x = 18612 / 24.38

x = 763

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Which technique is used to improve customer relationship management (CRM) systems by identifying, storing, and disseminating facts about how to perform tasks

Answers

Knowledge management is the technique that is used to improve customer relationship by storing and disseminating facts.

Knowledge management can be described as the use of different techniques to create and share knowledge in an organization.

It is a multiple approach way that organizations use to attain their objectives through the best use of knowledge.

It is very important to the organization because it helps to:

Increase efficiencyRaise productivityKeep critical information in  the organization.

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A wholesale lending arrangement that permits a mortgage broker to originate, close, and fund a loan using a warehouse line of credit is called:

Answers

Answer:

table funding

Explanation:

If Kevin is currently insured under Leroux for his medical insurance under Plan A, how will the proposed changes affect his health care costs? a. Costs for regularly scheduled health care will go down, but Kevin may end up paying more if he finds himself seriously ill or injured. B. Costs for regularly scheduled health care will go up, but Kevin will probably pay less than he would have if he finds himself seriously ill or injured. C. Both the cost for regularly scheduled health care and the cost for emergency health care will go down, making the changes very good for Kevin. D. Both the cost for regularly scheduled health care and the cost for emergency health care would go up, contradicting the intentions of Leroux Insurance.

Answers

Considering the case, of Kelvin, if he currently insured under Leroux for his medical insurance under Plan A, then, Costs for regularly scheduled health care will go down, but Kevin may end up paying more if he finds himself seriously ill or injured.

What is health insurance?

Health insurance can be regarded as the type of insurance that cover hospital visits as well as prescription drugs and wellness care.

Most health insurance do cover some other range of services such as cosmetic procedures and beauty treatments.

Since, Kelvin is currently insured under Leroux, then Costs for regularly scheduled health care will go down.

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Answer:

A!!!!!!!

Explanation:

Just believe me I got this

The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

Answers

There are different ways to share shares. The shares can be sold immediately.

In a sale of shares, a company's shareholders often sell the shares that is entitling ownership of the company to a specific buyer. In the transaction, all the rights and responsibilities that pertains to the ownership of shares are transferred to the buyer.

Note that as long as the 6-month holding period needed has fulfilled on the restricted shares, and therefore, when they are donated, the charity can sell the shares immediately. There is therefore no need for another 6-month holding period be taken again.

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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

A. immediately

B. after holding the securities for an additional 3 months

C. after holding the securities for an additional 6 months

D. after holding the securities for an additional 1 year

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In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.

Answers

Considering the style of government, in a socialistic economic system, the factors of production are owned collectively rather than individually, and no incentives to work harder or produce quality products are provided.

What is Socialism?

Socialism is a style of government that operates so that the community owns all the properties, and every individual receives equally the economic resources allocated by the government.

Therefore, equal sharing reduces the incentives to work harder or produce quality products.

Hence, in this case, it is concluded that the correct answer is "Socialistic Economic system."

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Which form of media advertising has seen the sharpest decline in the United States over the last 15 years

Answers

The form of media advertising that has seen the sharpest decline in the United States over the last 15 years is the Newspaper.

The Newspaper used to be very common in the past. It was the most common means of reaching the bigger audience. Apart from its use as a medium of carrying the happenings in the society, it also served as a means of advertising.

The decline in the use of the Newspaper today is partly due to the riser in the use of electronic media. People have moved on past the age of Newspaper. Most topics are now discussed electronically especially through the social media.

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7. A decrease in supply will result in which of the following?
A. Demand changes.
B. Supply changes.
C. Both demand and supply change.
D. Either demand or supply change (or both).

Answers

Explanation:

C. Both demand and supply change

Answer:

It can be both of the demand and supply change.

Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank's ATM four times a month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank B is best for Becca. Which checking account would be best for Becca? Account A Account B Account C Account D.

Answers

People often have different types of account. The checking account that would be best for Becca is Account B

A checking account is known to be a type of bank account that gives room for customers to male quick and easy deposit and withdrawal of their money for daily transactions.

It often includes depositing a check that a person receive, taking out cash with your debit card or setting up direct deposit for your paychecks.

Looking at the Account B in the picture attached you will see that the option be is the best for Becca.

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Answer:

Account B

Explanation:

pro verified this trust

4. Economists measure opportunity cost
A. only when it is on the margin.
B. as the best thing given up.
C. as the sum of all forgone opportunities.
D. as the same as marginal benefit.

Answers

Answer:

Option A is the correct answer.

When a special assessment is calculated, each parcel of real estate that will benefit from the improvement is

Answers

A special assessment is a charge for a public improvement that will provide a benefit to a real estate parcel. State law permits the use of special assessments to recoup the costs of a variety of City services. All revenues collected through an assessment can only be used on expenditures directly related to the public improvement.

Kevin works for a company which produces printers. A printer sells for $163. 95 and costs $48. 28 to produce. In one month, Kevin’s company sold 427 printers, earning a profit of 22,599. 9. How great were the company’s non-production overhead expenses, to the nearest dollar? a. $13,410 b. $20,616 c. $24,809 d. $26,792.

Answers

The company's non-production overhead expenses is  $26,792.

The first step is to determine the net profit from selling the printers.

Profit = (selling price - cost price) x number of printers sold

(163.95 - $48.28) x 427

= 115.67 x 427

= $49,391.09

The second cost is to determine the difference between the profit calculated above and the profit given in the question:

$49,391.09 - 22,599. 9 = $26,792

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what is the first thing you should do when you open an account

Answers

Answer : consider how much money you will add in your account and start saving up money

Explanation :

Company Z understands that their business is at risk. How can they use step two in the
Decision Making Process to reach their end goal of increasing sales and customer satisfaction?

Answers

Company Z can use step two in the decision-making process to achieve its ultimate goal of increasing sales and customer satisfaction by gathering the relevant information about a decision.

Step two of the decision-making process corresponds to gathering relevant information after the decision has been identified. At this stage, internal and external work is necessary, analyzing the errors and successes related to a past decision.

Therefore, it is necessary for company Z to seek information from different sources, such as the results of previous decisions, studies, market research and consultancy, to ensure greater chances of a decision being effective.

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One method used by some analysts to estimate the future value of a stock is the dividend growth model. This model would probably be most useful in the case of A) a small-cap stock B) a AAA corporate bond C) a preferred stock D) a large-cap stock

Answers

Answer:

I am sure that it is D. a large cap stock

Explanation:

Large cap stocks already have a positive growth sentiment and

based on how much dividends are paid out they can estimate the future

value of a stock.

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