subject
Business, 13.12.2019 18:31 xojade

Suppose that a fully-employed economy produces only two goods, hamburgers and flat-panel tvs.
if the economy is currently producing more than the optimal quantity of hamburgers, then to attain the optimal allocation of resources it should:

a. produce more hamburgers and fewer tvs.
b. produce more tvs and fewer hamburgers.
c. produce more of both goods.
d. produce fewer of both goods.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 06:00
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.rahal's accounts receivable at december 31, 2018, are:
Answers: 2
question
Business, 22.06.2019 09:30
What is the relationship among market segmentation, target markts, and consumer profiles?
Answers: 2
question
Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
question
Business, 22.06.2019 19:00
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
You know the right answer?
Suppose that a fully-employed economy produces only two goods, hamburgers and flat-panel tvs.
...
Questions
question
Mathematics, 16.10.2020 20:01
question
Mathematics, 16.10.2020 20:01
question
Mathematics, 16.10.2020 20:01
question
Mathematics, 16.10.2020 20:01
question
Mathematics, 16.10.2020 20:01
question
Mathematics, 16.10.2020 20:01
Questions on the website: 13722362