Business, 05.02.2020 11:01 cleatcucarol
Suppose an economy produces two goods, food and machines. this economy always operates on its production possibilities frontier. last year, it produced 1000 units of food and 47 machines. this year, it is producing 1050 units of food and 52 machines. which of the following events could not explain the increase in output? a. because the technological advance occurred in the machine-making industry, it will not be possible to increase food production without reducing machine production below 47. b. because the technological advance occurred in the machine-making industry, increases in output can only occur in the machine industry. c. in order to increase food production in these circumstances without reducing machine production, the economy must reduce inefficiencies. d. the technological advance reduced the amount of resources needed to produce 47 machines, so theseresources could be used to produce more food.
Answers: 1
Business, 22.06.2019 07:30, edna27
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
Business, 23.06.2019 00:10, miller3009
During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?
Answers: 1
Business, 23.06.2019 03:50, brooke2828
What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.
Answers: 1
Suppose an economy produces two goods, food and machines. this economy always operates on its produc...
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