Which production possibilities frontier (ppf) reflects increasing opportunity costs? ppf 1 ppf 2 ppf 3 ppf 4 determine what causes the ppf to take that shape. factors of production used to produce widgets cannot be used to produce gizmos, and vice versa. there is only one factor of production and it cannot be used in both sectors at the same time. factors of production can be used in either widget or gizmo production, but some are more productive at producing widgets and some are more productive at producing gizmos. factors of production can be shifted from widget production to gizmo production with no change in productivity.

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Which of the following best explains the purpose of a strike? a. to pressure employers to increase the minimum wage. b. to make sure that producers don't make any profit. c. to get employers to submit to collective bargaining. d. to prevent employers from taking industrial action.