ctヒB16. A production possibilities curve can shift inwardif there is(A) an increase in productivity(B) an increase in unemployment(C) an increase in the price of raw materials(D) a misallocation of resources(E) a natural disaster

Let's delve deeper into why option E (a natural disaster) causes the production possibilities curve…

Answered: ct ヒ B 16. A production possibilities…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 8MC: Which of the following is a disadvantage of outsourcing? A. freeing up capacity B. freeing up...

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Similar questions

General Account Questions
If a technological advance reduces the amount of variable resources needed to produce any level of output, then the: a. the AVC curve to shift downward, b. the MC curve to shift downward, c. the ATC curve to shift downward, d. All of the answers given.
Why do you think the change in the index of labor cost per unit of output is a useful lagging indicator of the macroeconomy?
Which of the following is a disadvantage of outsourcing? A. freeing up capacity B. freeing up capital C. transferring production and technology risks D. limiting ability to upsize or downsize production
Question 16?
Which of the following is true about the changes in fixed cost? An increase in production will result in an increase in per unit fixed cost. A decrease in fixed cost will result in an increase in variable cost. An increase in production will result in a decrease in per unit fixed cost. A decrease in production will result in an increase in total fixed cost.
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provide asnwer. general account.
The labor supply curve a. may slope either upward or downward, depending upon the real wage b. slopes downward to illustrate that a decrease in the real wage decreases the number of individuals willing to work c. slopes upward to illustrate that more people will want to work as the real wage increases d. slopes upward to illustrate that changes in the real wage are directly proportional to changes in the nominal wage e. slopes downward to illustrate that the availability of workers is directly proportional to the real wage
QUESTION 13 Leisure is said to be a normal good if indifference curves get steeper going up a vertical line drawn through the optimal choice for the highest possible indifference curves associated with changes in: O Non-labor income All income O Labor income
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ct ヒ B 16. A production possibilities curve can shift inward if there is (A) an increase in productivity (B) an increase in unemployment (C) an increase in the price of raw materials (D) a misallocation of resources (E) a natural disaster