What is the opportunity cost of adding an additional

Assignment Help Business Economics
Reference no: EM1353990

According to the production possibilities curve above, what is the opportunity cost of adding an additional 100 jars of guava jelly in an economy that is already producing 200 jars of guava jelly?

Reference no: EM1353990

Questions Cloud

Elucidate which of the following us policies : Elucidate which of the following U.S. policies and institutions may negatively influence U.S. long-run economic growth.
Illustrate was the present value these future profits : A firm will have constant profits of $100,000 per year for the next four years and the interest rate is six percent. Assuming these profits are realized at the end of each year, what is the present value these future profits?
Explain maintain a continuous recruiting presence : Explain maintain a continuous recruiting presence at the top universities and offer the top people on the market independent contractor positions
How to compute implicit explcit and opportunity costs. : how to compute implicit explcit and opportunity costs. jamal has a flexible job. he can work everyday but is allowed to take a day off anytime he wants.
What is the opportunity cost of adding an additional : As per to the production possibilities curve above, what is the opportunity cost of adding an additional 100 jars of guava jelly in an economy that is already producing 200 jars of guava jelly.
Explain why do you believe the ongoing strategy process : Explain Why do you believe the ongoing strategy process is a continuous loop and Make sure you provide information to support your answer
Who impressed by the first interviewee completing : You are very impressed by the first interviewee completing both phases of BK books interviewing process, and she has indicated that her reservation salary is 110,000. Should you make her an offer at that salary or continue the interviewing process..
Illucidate which is represented by point b : Now suppose the economy currently produces 2,500 garments of clothing and 3,000 bushels of wheat, illucidate which is represented by point B. Under these conditions, the opportunity cost of producing an additional
What is the solution for the manager of collinis import : What is the solution for the manager of Collinis Import Autos believes the number of cars sold in a day (Q)depends on two factors.

Reviews

Write a Review

Business Economics Questions & Answers

  What role does each marketplace structure play in economy

Illustrate what role does each marketplace structure play in the economy.

  Wilpen company

Wilpen plans to charge a wholesale price of $1.65 per can. As the average value of tennis racket is $110, and average household income of consumer is $24,600.

  Demonstrate how growth accounting could be utilized to learn

Demonstrate how growth accounting could be utilized to learn the value of g. Analyze the effects of an unanticipated permanent reduction in g on the real income rate also the real interest rate.

  The effectiveness of different kinds of incentive systems

The effectiveness of different kinds of incentive systems: moral, material, and coercive.

  Illustrate what is the minimum price neccessary

Illustrate what is the minimum price neccessary for this firm to produce any output in the short run.

  R-square from the bp regression

Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.

  Illustrate what is the economic profit of the business

Compute accounting profit. What are the opportunity costs for the manager of being in this business relative to returning to his old job. Illustrate what is the economic profit of the business.

  Illustrate what is the profit made by each firm

explain how many smoothest sold by each firm, and illustrate what is the profit made by each firm.

  What would happens to the level of gross debt

what happens to the amount of debt held by the public. What would happens to the level of gross debt.

  How many of the variable input should the firm utilize

Elucidate how many of the variable input should the firm utilize to maximize profits? Please verify. Note which in order to do this you want to utilize costs.

  What information would a government needs to increase

What information would a government needs to increase the probability that its industrial policy would promote long-term self-generated economic growth.

  Explain aggregate expenditure to model

Use the aggregate expenditure model to explain the following statements from the opening news article.

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!

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