User Account

All Pages

Find the opportunity cost of producing

Assignment Help Business Management
Reference no: EM131217439

1. Explain why the enrollment in colleges and universities increases at times of economic recession.  Make a distinction between explicit and implicit costs in your explanation

2. Use the following production possibilities table to draw the corresponding production possibilities curve (PPC) for a given economy.

Options

Food

Clothing

A

0

28

B

1

26

C

2

22

D

3

16

E

4

9

F

5

0

a) Find the opportunity cost of producing each unit of food in terms of clothing. Explain its pattern.

b) Assume we are currently producing 6 units of clothing and 4 units of food. Plot this point and interpret it economically.

c) What is the optimum production of output when food sells for $12 a unit and clothing for $3. Explain why you choose this point.

Reference no: EM131217439

Questions Cloud

Identify three places that color stood out in the film : How does color play a part in the film you watched for this week? Identify at least three places that color stood out in the film. Does there seem to be a predominate color or does a color seem to be missing from the film?
What resistance will an ohmmeter measure for that resistor : If a resistor is inserted into the breadboard with one leg at point A and one leg at point B, what resistance will an ohmmeter measure for that resistor? Why?
Thermodynamics play in energy economics : What is the roles that the first two laws of thermodynamics play in energy economics.
What resistance will an ohmmeter measure for that resistor : If a resistor is inserted into the breadboard with one leg at point A and one leg at point B, what resistance will an ohmmeter measure for that resistor? Why?
Find the opportunity cost of producing : a) Find the opportunity cost of producing each unit of food in terms of clothing. Explain its pattern. b) Assume we are currently producing 6 units of clothing and 4 units of food. Plot this point and interpret it economically.
Identify actions by colonies in reaction to selected act : Identify major actions by the colonies in reaction to your selected act. How did this act increase or decrease fears of an overbearing central government? What was the nature of the colonial government under crown authority?
Calculate and plot torque-speed characteristic for motor : Calculate and plot the torque-speed characteristic for this motor. (Neglect armature effects in this problem.)
Calculate number of armature conductors : Calculate number of armature conductors and Calculate the voltage between brushes generated by the armature.
Design a full adder circuit which adds three binary digits : Design a full-adder circuit which adds three binary digits xi, yi and carry in ci. Your circuit should compute the sum out si, and carry out ci as shown in given Figure.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd