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what is a graphical representation of the combination of goods and services that can be produced in a situation

Answers

Answer 1
Answer:

The Production Possibilities Curve is a graphical representation of the combination of goods and services that can be produced in a situation. The Production Possibilities Curve also known as PPC and Production Possibilities Frontier, is used to show all of the different production types that a single economy is able to produce. This model will show over a set time period, what can be produced from different goods and services. When evaluating the different alternatives all technology and resources stay the same during that period.

Answer 2
Answer:

a graphical representation of the combination of goods and services that can be produced in a situation is the production possibilities curve.

What is the production possibilities curve?

The Production possibility curve is a graph that shows the various combination of two goods that can be produced given the resources of the country or firm.

The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

For more information about the production possibility frontier, please check: brainly.com/question/25774783

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A pension plan helps pay for ______.a. Health benefits b. Convenience Benefits c. Retirement Benefits d. Charity Benefits
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Identify 3 challenges Bricks Construction may encounter when trying to implement their corporate social investment plan in the local community:- Bricks construction is a construction company based in Strand Gauteng. They want to design a Corporate Social Investment plan. They have identified key problem areas where they would like to make a difference.

* Unemployment
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* Poor / inadequate education and training

Answers

The right answer for the question that is being asked and shown above is that: "Bricks Construction might not have enough funds to implement a project int he community. It also includes the employees' difficulty in managing the program. Because of this, it will be a difficult to sustain most especially economic's downside."

Attending an impromptu sales meeting at the office is an example of a _____.

Answers

the answer is Locational sensitive task.

Answer:

Explanation:

Locational sensitive task.

1. What effect does a rise in the cost of machinery or raw materials have on the cost of a good?
a) A rise in the cost of raw materials (but not machinery) raises the cost. 
b) The good becomes cheaper to produce.
c) The good becomes more expensive to produce.
d) It does not have any effect on the cost of the good.
2.
What does new technology generally do to production?
a) It lowers cost and decreases supply.
b) It lowers cost and increases supply.
c) It increases cost and decreases supply.
d) It has very little effect on production.
Could you please help me with these questions?

Answers

1.       With the rise in the cost of machinery or raw materials, the good becomes more expensive to produce. So the correct option for this question is option “c”. The cost of machinery and raw materials are directly proportional to the increase in cost of any goods.
2.       The introduction or advent of new technology lowers cost and increases supply. So for this question the correct option is “b”. New technology always helps to increase the production with lowering of cost and that is the reason behind adopting new technology.



Answer:

b) It lowers cost and increases supply.

Explanation:

Sometimes very high ________ costs are recognized before a project begins and reducing these costs through shorter project durations becomes a high priority.

Answers

Answer:

D) overhead

Explanation:

Overhead costs are the fixed costs or indirect costs or a project. This means that they are not directly related to the production process or the delivery process. Overhead costs are divided into:

  • manufacturing: machinery and equipment, supervisors' salaries, utilities, etc.
  • administrative: rent, advertisement, equipment, etc.  

Depending on the project's scope and required tasks, projects can be crashed to reduce both direct and indirect (overhead) costs. Shorter project schedules can result in lower overhead costs, even if the direct costs are not affected, e.g. less rent, less supervisors, shorter equipment leasing times, etc.

Answer:

Overhead costs

Explanation:

When high overhead costs are recognised before project starts there will be a need to manage them. Since overhead cost increase as duration of project increases, reduction in project duration will go a long way in reducing cost incurred.

Overhead costs can include wages, rent, utility bills, maintenance costs and so on. They can also be reduced when costs that are not adding value is recognised.

The Camino was originally created as a commercial or trade route. true or false

Answers

That statement is true

The Camino was originally created as a 1,600 mile trade route between Mexico city, San Juan Pueblo, and New Mexico

It was declared as a World Heritage site by UNESCO in 2010

Answer:

Answer is false just took the quiz

...FALSE...

hope this helps!

_______ refers to the value that stockholders or owners have in a company. Assets.
Liabilities.
Owners' equity.
Contra receivables.

Answers

Owner's equity refers to the value that stockholders or owners have in a company. 
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