« previous next »

Author Question: The production possibilities frontier model assumes which of the following? A) Production of any ... (Read 87 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jun 29, 2018
The production possibilities frontier model assumes which of the following?
 
  A) Production of any level of the two products that the economy produces is currently possible.
  B) Labor, capital, land, and natural resources are unlimited in quantity.
  C) The economy produces only two products.
  D) The level of technology is variable.

Question 2

If most workers are risk adverse why do we still see many workers agreeing to contracts where their compensation is variable like commissions for magazine salesmen or car salesmen?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

These types of contracts occur because variable compensation can help firms get better performance from their workforce.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jun 29, 2018
Thank you :)


HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

A single-gene model explains Mendel’s ratios A single-gene model explains Mendel’s ratios
Fluid mosaic model Fluid mosaic model
Dual Systems Model of Risk-Taking Dual Systems Model of Risk-Taking
(a) IgA. (b) IgA production. (a) IgA. (b) IgA production.
Products like Beano contain enzymes that help reduce the production of gas in the large intestine Products like Beano contain enzymes that help reduce the production of gas in the large intestine
Stem Cell Production Stem Cell Production
Video: Supine Position

For a complete list of videos, visit our video library