A production possibilities frontier can shift outward if… Group of answer choices The economy abandons inefficient production methods in favor of efficient production methods. Economy experiences economic downturn. There is a technological improvement. Resources are shifted from the production of one good to the production of the other good.

Answers

Answer 1

Answer:

There is a technological improvement

Explanation:

A production possibilities frontier shows the two combinations of good an economy can produce when all its resources are fully employed.

points on the production possibilities frontier show efficient production

Points inside the production possibilities frontier show inefficient production

Points outside the production possibilities frontier show unattainable production given current resources.

Technological progress leads to a outward movement of the production possibilities frontier

If Resources are shifted from the production of one good to the production of the other good, there would be a movement along the production possibilities frontier from one point to another

Related Questions

which bear is best? Beets. Bears. Battlestar galactica.

Answers

Answer:

black bear

Explanation:

I've watched the office 10 times

Answer:

N/A

Explanation:

That's a ridiculous question.

Riku Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales price $ 68 $ 94 Variable cost per unit (38 ) (44 ) Contribution margin per unit $ 30 $ 50 Riku expects to incur annual fixed costs of $540,000. The relative sales mix of the products is 70 percent for Super and 30 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Riku must sell to break even. How many units each of Super and Supreme must Riku sell to break even?

Answers

Answer:

Super= 10,500

Supreme= 4,500

Explanation:

Giving the following information:

Spuer:

Contribution margin= $30

Sales proportion= 0.70

Supreme:

Contribution margin= $50

Sales proportion= 0.30

Fixed costs= $540,000

First, we need to calculate the break-even point in units for the whole company:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 540,000 / (0.7*30 + 0.3*50)

Break-even point (units)= 15,000 units

Now, for each product:

Super= 15,000*0.7= 10,500

Supreme= 15,000*0.3= 4,500

Other Questions

Dudley is a manager at the SuperCuts franchise. He has had to fire two employees because they were treating walk-in customers with disdain and thus turning away business. Once those employees were gone, he trained new employees on how to greet customers. Business has been improving and he has realized how important personnel are for a retail business. What role do the personnel play at his SuperCuts franchise? Can someone help me with this question please? Which of the following are employer responsibilities with regard to ladders Please Help!!!! I WILL GIVE BRAINLIEST!!!!!!!!!!!!! Upon using Thomas Youngs double-slit experiment to obtain measurements, the following data were obtained. Use these data to determine the wavelength of light being used to create the interference pattern. Do this using three different methods. The angle to the eighth maximum is 1.12. The distance from the slits to the screen is 302.0 cm. The distance from the central maximum to the fifth minimum is 3.33 cm. The distance between the slits is 0.000250 m.The 3 equations I used were 1). d sin _m =(m) 2). delta x =L/d and 3.) d(x_n)/L=(n-1/2)but all my answers are different.DID I DO SOMETHING WRONG!!!!!!! Consumers have become more selective and better informed about their purchases. This macro-environmental force strongly impacts this industry.a. Trueb. False what is the composting of the earth's crust HELPPPPPPP ASAAPPPPP!!!! SPANISH 3!!!! Which steps would be used to solve the equation? Check all that apply. 2 and two-thirds + r = 8 Subtract 2 and two-thirds from both sides of the equation. Add 2 and two-thirds to both sides of the equation. 8 minus 2 and two-thirds = 5 and one-third 8 + 2 and two-thirds = 10 and two-thirds Substitute the value for r to check the solution. the diagram shows a circle drawn inside a square the circle touches the edges of the square Calcium carbide, CaC2, reacts with water to form calcium hydroxide and the flammable gas ethyne (acetylene) in the reaction: What mass of ethyne can be produced The English Bill of Rights (1689), which guarantees the freedom of speech, the right to a fair trial, and a ban on cruel or unusual punishment, inspired the US Bill of Rights, which is another name for A compound synthesized by bacteria or fungi that destroys or inhibits the growth of other microbes is a/an:__________.a. synthetic drugb. antibioticc. antimicrobial drugd. competitive inhibitor Question 13 of 203 PointsThe Ottoman and Mughal empires had which characteristic in common?A. Both empires built prosperous economies by trading with Europe.B. Both empires treated religious minorities harshly under Sharia law.C. Both empires declined because of constant attacks by foreignenemies.D. Both empires conquered huge territories despite having weakmilitaries. Define the term Ethical ills according to Islam A welding torch produces a flame by burning acetylene fuel in the presence of oxygen. This flame is used to melt a metal. Which energy transformation represents this process?chemical energy into thermal energykinetic energy into potential energykinetic energy into electromagnetic energypotential energy into chemical energy A square has a perimeter of 12x+52 units. Which expression represents the side leagth of the square in units The Secret Service protects leaders and investigates financial crimes. Which details would provide helpful factual support to this statement? Check all that apply name of the agencys leader requirements to join the agency examples of protected leaders year the agency was founded types of crimes it investigates is this right one more i think lol The graph of the parent function f(x) = x3 is translated to form the graph of g(x) = (x 4)3 7. The point (0, 0) on the graph of f(x) corresponds to which point on the graph of g(x)? What is the solution to this equation?4x-3 + 2x= 33O A. x= 15B. x = 18O c. x = 5O D. x = 6