Show what happens to the production possibilities frontier (PPF) if the society develops a new fertilizer that significantly increases agricultural production.

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Answer 1

If a society develops a new fertilizer that significantly increases agricultural production, it can shift the production possibilities frontier (PPF) outward. The PPF represents the maximum combinations of two goods that can be produced with the given resources and technology available.

Initially, the production possibilities frontier ( PPF is a bowed-out shape that represents the trade-offs between the two goods. When a new fertilizer is developed, it allows for more output of agricultural goods to be produced with the same resources and technology. This results in an increase in the society's productive capacity, and hence, the PPF shifts outward. The new PPF will be steeper than the previous one, indicating that more of both goods can be produced.

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Related Questions

you call an all-staff meeting. what can you do to stop the negative emotions from spreading further among the employees? what actions would most effectively do so? drag each topic below into its appropriate category in the table, and click submit.

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We can prevent the employees' negative feelings from spreading by implementing the following measures: Most efficient decision: Teach employees how to use emotional suppression in their daily jobs.

Cognitive reappraisal methods. Somewhat wise choice: Congratulate everyone. Encourage your team to practise smiling and acting in a polite, joyful manner.

Assign a co-worker to act as each employee's "buddy for the purposes of social sharing" least useful If anyone would like, offer to move them from customer service positions such as waitstaff to behind-the-scenes positions. Remind the staff that the Grille's customer service evaluations have always been favourable.

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For each of the following activities, identify the flow of dollars as either household-to-firm or firm-to-household.
Activity
Latasha pays a storekeeper $1 for a quart of milk.
Alyssa earns $10,000 from 40% ownership of her family business.
Jake earns $8 per hour working at a fast-food restaurant.
Rosa spends $100 for a plano lesson.
Flow of Dollars

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Thus, households and businesses exchange expenditures for products and services, while businesses and households exchange revenue in the form of wages, rent, and profits.

What does business to household flow refer to?Thus, households and businesses exchange expenditures for products and services, while businesses and households exchange revenue in the form of wages, rent, and profits.It demonstrates the connections between businesses and households that occur in the product and factor marketplaces. In the diagram, it should be noted that homes and businesses are not connected to one another; instead, they are connected to the two marketplaces.Because of the rising opportunity cost, the production possibility frontier is shaped like a bow.Thus, households and businesses exchange expenditures for products and services, while businesses and households exchange revenue in the form of wages, rent, and profits.            

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A partnership agreement will include each of the following: (Check all that apply)
1) date of partner dissolution
2) names of partners
3) tax payment duties
4) partner rights and duties
5) income and loss sharing

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An agreement between partners will detail the date of the partnership's dissolution, the names of the partners, tax payment obligations, partner rights and duties, and income and loss sharing.

A partnership is a relationship between people who have agreed to split the earnings from a business that all of them, or any of them, act for all of them. Individually, those who have formed a partnership with one another are referred to as "partners," and as a whole, they are referred to as "a firm." The name under which the firm operates is referred to as the "firm name."

The relationship of partnership is based on contract rather than status, hence, for example, members of Hindu undivided families running family businesses as such or Burmese Buddhist husband and wife running businesses as such are not considered partners in such businesses.

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In an economy with a population of 100 million persons, 40 million hold civilian jobs and 9 million are not working but are looking for a job. The number of persons in the civilian labor force is O 51 million O 60 million O 91 million. O 49 million

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There are 49 million civilian workers. Is the best choice.

When the unemployment rate a corresponds the natural unemployment rate, "full employment" is said to exist.

Many parts of the automobile manufacturing process which were actually done by humans are now managed to complete by robots. Employees who were laid off due to the use of robotics have become cyclically unemployed.

If the cyclical unemployment level is negligible, the organic unemployment rate is higher than the overall unemployment rate.

When an individual is capable and willing to work but does not possess a paid job, they are unemployed. The underemployment rate is the proportion of individuals who are employed who are out of work.

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concerning incremental project cash flow, which of these is a cost one would never count as an expense of the project? A. initial investment
B. taxes paid
C. operating expenses of the project
D. financing costs

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Option D is correct. Cost of Funding (FC), also known as financing costs (COF), are the costs, interest, and other fees associated with borrowing to construct or purchase an asset.

This could range from financing a mortgage, financing a car loan with a bank, or financing a student loan.

Financing costs are the interest and other costs that a company incurs when borrowing money. They are also known as 'borrowing costs' or 'financial costs'. “There are two different ways companies can pay their operating expenses.

Funding costs are accumulated as an intangible asset in the 'other assets' section of the balance sheet. Most closing costs are associated with financing the purchase price, but not all are.

Incremental cash flow does not include cash income or liabilities from other parts of the business. This only includes money earned and spent on specific projects. It also excludes sunk costs, opportunity costs and cannibalization.

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