calculate the fuel efficiency break even figure between a chevy malibu that costs $19,000 and gets 28 mpg and a ford fusion that costs $21,000 and gets 34 mpg? estimate gas at $3.00 per gallon and round intermediate calculations to 4 decimals.

Answer: Consumer surplus is the difference between the price a consumer is willing to pay for a product and the price paid. The option that completes the statement is: actual.

Explanation:

What is consumer surplus?

Consumer surplus is the economic benefit that consumers get by purchasing and using a product or service. The concept of consumer surplus was established by Alfred Marshall, one of the most important economists of the 19th century.

The difference between the price that the customer is willing to pay for a product and the price paid is known as consumer surplus. In other words, it refers to the difference between the maximum amount a consumer is willing to pay for a good and the actual price paid. It's calculated as the difference between the maximum willingness to pay and the actual price paid by the consumer.

Therefore, the option that completes the statement "consumer surplus is the difference between the price a consumer is willing to pay for a product and the price paid" is "actual."

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A single mom with three children who live at home earned less than $40,000 in 2020. The maximum amount of earned income tax credit that she may qualify for is $6,431.

What is Earned Income Tax Credit?

The Earned Income Tax Credit (EITC) is a refundable income tax credit for working individuals and families who have low to moderate incomes. To qualify for the EITC, you must have worked for someone or run a business or farm, and you must meet certain income and eligibility requirements.

The maximum Earned Income Tax Credit (EITC) for the year 2020 is:

$6,660 with three or more qualifying children

$5,920 with two qualifying children

$3,584 with one qualifying child

$538 with no qualifying children

A single mother with three children who earned less than $40,000 in 2020 would qualify for the maximum amount of Earned Income Tax Credit, which is $6,431.

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The segment that a company wants to appeal to with its products and marketing activities is known as a target market.

A target market refers to a specific group of people for which a business creates and delivers products or services. A target market refers to a well-defined set of customers who are interested in purchasing a specific product or service.

For instance, the target market for a luxury automobile brand may include middle-aged professionals with high incomes. The target market is a crucial aspect of any marketing strategy since it informs how businesses communicate with consumers, which mediums are utilized, and which goods or services are offered to those customers.

A company's marketing strategy is influenced by its target market.

Segmentation: Segmentation refers to the process of breaking a broad target market into smaller subgroups based on demographics, needs, priorities, interests, and other relevant criteria. Segmentation is used to recognize consumer needs, differentiate the brand, and increase sales efficiency.

Segmentation is a critical component of the marketing strategy since it allows businesses to target specific customers and tailor their messaging and product offerings to meet their specific needs.

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The correct option is C, Suppose the government reduces the number of weeks a worker who becomes unemployed can collect unemployment insurance payments. All else the same, we would expect frictional unemployment to decrease.

Insurance is a method of safety from financial loss wherein, in alternate for a fee, a celebration has the same opinion to compensate some other celebration inside the occasion of a sure loss, harm, or damage. it is a form of chance control, frequently used to hedge towards the risk of a contingent or unsure loss.

An entity which affords coverage is called an insurer, insurance organization, coverage provider, or underwriter. a person or entity who buys insurance is referred to as a policyholder, while someone or entity covered underneath the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, regarded, and relatively small loss in the form of a fee to the insurer (a premium) in alternate for the insurer's promise to compensate the insured inside the occasion of a included loss.

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Complete Question: -

Suppose the government reduces the number of weeks a worker who becomes unemployed can collect unemployment insurance payments. All else the same, we would expect ________ unemployment to ________.

Group of answer choices

a. structural; increase

b. cyclical; decrease

c. frictional; decrease

d. structural; decrease

e. frictional; increase

Answer: The correct graph that shows how a decrease in wages affects the aggregate demand-aggregate supply model is the graph C, where the aggregate demand curve shifts to the right while the aggregate supply curve shifts to the left.

The Aggregate Demand - Aggregate Supply model (AD-AS model) is a macroeconomic model that explains price level and real output changes that occur in the economy. The model provides a framework for analyzing the impacts of economic policies and other macroeconomic factors that influence the economy in general. When there is a decrease in wages, the cost of labor decreases.

As a result, firms are willing to supply more goods and services at every price level. Therefore, the aggregate supply (AS) curve shifts to the right. Similarly, consumers would have more purchasing power and would therefore increase the demand for goods and services.

Therefore, the aggregate demand (AD) curve shifts to the right. The model shows how changes in macroeconomic variables like price level, real GDP, and aggregate expenditures impact the economy. The intersection of the aggregate demand (AD) and aggregate supply (AS) curves determines the equilibrium point in the model, which is also referred to as the macroeconomic equilibrium point.

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The change in the asset turnover ratio from 2.0 to 1.8 indicates an unfavorable trend in using assets to generate sales. The correct option is c.

Asset turnover is a financial ratio that compares the total amount of company revenue to the total amount of assets in use. Asset turnover is used to assess the productivity of a company's assets. The formula for asset turnover is as follows: Sales / Total Assets = Asset Turnover. This ratio measures the efficiency of a company's use of its assets to generate revenue. It is calculated by dividing a company's total sales by its total assets. A decrease in the asset turnover ratio suggests that the company is less efficient at using its assets to generate sales, meaning fewer sales per asset.

In this case, the decrease in the asset turnover ratio indicates that the company is becoming less effective at using its assets to produce sales. While it is possible that this could be due to a decrease in sales, it is more likely that the decrease is due to an increase in the company's assets. This means that the company has increased its assets, but is not able to generate enough sales to make up for the increase.

Overall, the decrease in the asset turnover ratio is indicative of an unfavorable trend in the company's ability to use its assets to generate sales. It suggests that the company needs to better manage its assets in order to generate more sales. Hence, the correct option is c.

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The leadership approach that argues that leaders assume that people are inclined to embrace change when they are respected as individuals with intrinsic worth, agency, and capability is the appreciative mindset.

The appreciative mindset is a leadership approach that emphasizes building on existing strengths and resources rather than focusing on deficits or weaknesses. It assumes that people are capable and motivated to embrace change when they are recognized for their intrinsic worth and potential, rather than being treated as passive recipients of change.

Therefore, Leaders who adopt an appreciative mindset seek to engage and empower individuals and teams by creating a positive and supportive environment that encourages collaboration, creativity, and innovation. This approach is often used in organizational development and change management to foster positive change and build resilience in individuals and teams.

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Managers are more concerned with how training may affect the attainment of financial goals for the particular units they supervise. Managers are the individuals in the company who make decisions, allocate resources, and direct the activities of others towards the attainment of targets.

Financial goals are specific, measurable, and achievable financial targets set by a business, corporation, or individual. Financial goals can be short-term, such as managing daily expenses, or long-term, such as retiring comfortably. Financial goals must be connected to the business's mission and vision. Managers must also assess the training's financial impact on the company, including return on investment (ROI), and overall effectiveness.

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The lease should be recorded on Sheridan Healthcare System's books at $1,125,695.28 on January 1, 2025.

The lease payments are $350,000 per year for 4 years, so the total lease payments are $1,400,000. Using the formula for present value of an annuity, we can calculate the present value of the lease payments:

PV = PMT x [(1 - (1 / (1 + r)n)) / r]

PV = $350,000 x [(1 - (1 / (1 + 0.08)4)) / 0.08] = $1,125,695.28

The healthcare system refers to the collection of individuals, organizations, and resources involved in providing medical care and promoting public health. This includes hospitals, clinics, pharmacies, medical professionals such as doctors and nurses, and government agencies responsible for regulating the industry and funding public health initiatives.

A well-functioning healthcare system should provide affordable and accessible medical care to all members of society, regardless of their income or social status. It should prioritize preventative care and early detection, as well as treating acute and chronic conditions. The healthcare system should also be equipped to respond to emergencies and public health crises, such as disease outbreaks or natural disasters. The healthcare system plays a crucial role in promoting health education and disease prevention, such as vaccination campaigns, health screenings, and public health education initiatives.

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Complete Question: -

Cheyenne Equipment Leasing Company leased equipment to Sheridan Healthcare System on January 1,2025 , for a four-year period. Equal annual payments under the lease are $350000 and are due on January 1 of each year. The first payment was made on January 1, 2025. The implicit rate of interest contemplated by Cheyenne Equipment Leasing and known to Sheridan Healthcare is 8%. Sheridan's incremental borrowing rate is 11%. The cost of the equipment on Cheyenne Equipment Leasing accounting records was $820000. Assuming that the lease is appropriately recorded as an operating lease, at what amount is the lease recorded on Sheridan Healthcare System's books on January 1, 2025?  

$1251985

$788182  no entry to record an operating lease. $1400000

Entrepreneurs looking for a business that gives them the best opportunity to get rich should consider starting a business in a high-growth industry.

Starting a business in a high-growth industry gives entrepreneurs the best opportunity to get rich. High-growth industries are ones that experience significant and sustained growth due to innovation or rising demand.

These businesses typically require a significant initial investment of capital but are often able to generate high returns over time.

Examples of high-growth industries include technology, healthcare, and e-commerce. Successful entrepreneurs in these industries often invest in resources and talent, allowing them to capture a larger portion of the market and capitalize on the growth potential of the industry.

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Although Fred has been trained in product knowledge, he still needs additional training in customer service and sales techniques.

Customer service is essential for understanding and helping customers, while sales techniques involve being able to assess customer needs and being able to market and sell the product accordingly.

Sales techniques involve being able to understand customer needs, selling strategies, and closing the sale. It also involves being able to follow up with customers, answer questions, and track customer relationships.

With additional training, Fred can become more knowledgeable about customer service and sales techniques, which will help him be a successful salesperson.

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"The client approved the new marketing plan."

In the given blank space, the correct word that can be used is "approved". The word "approved" signifies that the client agreed to the new marketing plan that has been presented by the team or the company. The company or the team made the new marketing plan with some new strategies or techniques to implement in the new plan.

After the presentation, the client must have found the plan attractive and then he/she agreed to the plan, and the client approved the new marketing plan.

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The step in the STP process that develops descriptions of different segments and helps firms better understand customer profiles in each segment is the second step, which is Select Segmentation Method.

Selecting the right segmentation method is crucial to developing a clear understanding of customer groups, which helps firms create accurate and meaningful descriptions of each segment's characteristics, needs, and behaviors. This step is the foundation of the entire STP process since the selection of segmentation criteria affects all subsequent stages of the process, including targeting and positioning.

Without a clear understanding of customer profiles in each segment, it's challenging for firms to create targeted marketing strategies that resonate with the needs of their customers.

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The four categories of personnel required for a moderate complexity laboratory to meet CLIA accreditation requirements are D). "director, clinical consultant, technical consultant, and general supervisor."

Here is a brief explanation of each role:
1. Director: The individual responsible for the overall management of the laboratory, ensuring compliance with regulations and maintaining quality standards.
2. Clinical Consultant: A healthcare professional who provides guidance on the clinical aspects of laboratory testing, including test selection and interpretation of results.
3. Technical Consultant: An expert in the specific testing methods used by the laboratory, responsible for ensuring the accuracy and reliability of test results.
4. General Supervisor: A person responsible for the day-to-day supervision of testing personnel and ensuring that all laboratory procedures are followed correctly.

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Based on the W-2 form provided, the largest withholding was Federal income tax. Here option B is the correct answer.

To determine the largest withholding on the provided W-2 form, we need to look at the amounts withheld for each of the taxes mentioned. The form shows that the employee had a total of $7,000 withheld for federal income tax, $4,340 withheld for Social Security tax, $1,015 withheld for Medicare tax, and $1,050 withheld for state income tax.

Based on these figures, the largest withholding was for federal income tax, which amounted to $7,000. This is significantly more than any of the other taxes. Social Security tax was the next largest withholding, totaling $4,340, followed by state income tax at $1,050, and Medicare tax at $1,015.

It's important to note that the amount of tax withheld from an employee's paycheck can depend on a variety of factors, such as the employee's income level and the number of exemptions claimed on their W-4 form. The amounts shown on this particular W-2 form are specific to this employee's situation and may not be representative of other employees or situations.

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The responsible corporate officer doctrine is a legal theory that enables criminal charges to be brought against corporate officers who fail to take reasonable steps to avoid or fix illegal activities within their organizations, regardless of their level of knowledge or participation.

The responsible corporate officer doctrine refers to the legal principle that a court may impose criminal liability on corporate officers regardless of whether they participated in, directed, or even knew about a given criminal violation. Under this doctrine, corporate officers can be held responsible for the actions of their subordinates, even if they did not actively participate in the wrongdoing. This is because corporate officers have a duty to ensure that their companies are in compliance with the law, and they can be held accountable if they fail to fulfill this duty.

The responsible corporate officer doctrine is based on the idea that corporate officers have a unique level of responsibility and authority within a company, and they must use that authority to ensure that the company operates within the law. This doctrine is particularly important in cases where a company has engaged in illegal or unethical behavior, as it allows prosecutors to hold individuals accountable for their actions, even if they were not directly involved in the wrongdoing. Overall, the responsible corporate officer doctrine is an important tool for promoting accountability and deterring corporate misconduct.

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It will take approximately 30 months for this customer's accounts payable balance to be paid off. The current balance of $14,720 will be paid in installments of $500 per month with 0.9 percent interest being charged each month.

This interest will be computed each month, and applied to the balance. At the end of each month, the interest portion of the payment will be deducted from the balance, and the remaining amount will be applied to the principal, reducing the balance further.

This will continue until the balance is paid up, in approximately 30 months. This repayment schedule is based on the principle of compound interest, meaning that the interest is calculated not only on the principal amount, but also on the interest accrued from the previous months.

This repayment plan allows the customer to slowly reduce their balance over time and pay off their accounts payable balance.

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The lack of representation of the Third Estate in the Estates-General had two major effects. it caused the Third Estate to become increasingly angry and it led to an unequal taxation system

First, it caused the Third Estate to become increasingly angry and frustrated over the lack of power they had in their government. This anger was expressed in the National Assembly and ultimately led to the French Revolution.

Second, it led to an unequal taxation system. The Third Estate was forced to pay more taxes than the other two estates, which led to an increasing sense of unfairness and resentment.

This increased tension between the different estates and ultimately resulted in the collapse of the Ancien Régime.

In summary, the lack of representation of the Third Estate in the Estates-General had two major effects. It caused the Third Estate to become increasingly angry and frustrated, leading to the French Revolution.

It also led to an unequal taxation system which caused resentment and tension between the different estates and resulted in the collapse of the Ancien Régime.

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Kenny and Tyler, who do not get along, were assigned to work on a Spanish project together. Instead of asking for a new partner, Kenny decided to approach Tyler to mend their relationship. Kenny was using a strategy called  collaborative problem-solving.

Collaborative problem-solving is the process of working with others to identify and resolve a problem. It involves the pooling of resources, knowledge, and skills of individuals to find a solution that is satisfactory to all parties involved.

Collaborative problem-solving typically involves a team of people who work together to identify the problem, gather information, analyze the data, and propose potential solutions. It is a highly effective approach to problem-solving as it brings together different perspectives and experiences, which can lead to more creative and innovative solutions.

In this approach, both parties come together and work out their differences in order to complete a common goal. In this case, Kenny and Tyler need to work together to finish their Spanish project.

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"Respecting the feelings of the audience" might call for an indirect strategy. Thus, C is correct.

Indirect strategy is a communication approach that involves using subtle cues or hints to convey a message instead of being direct. This strategy may be used to show respect or sensitivity towards the emotions or beliefs of the audience. For instance, when addressing a sensitive topic such as someone's weight or personal beliefs, an indirect approach may be more appropriate to avoid causing offense or discomfort.

Indirect strategy can also be useful when dealing with someone who is defensive or resistant to direct communication. In such cases, a more subtle approach may help to prevent frustration and encourage open dialogue.

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Hence we can say that the return on equity of Naches is 12.1%.

Return on Equity (ROE) is a metric used by analysts to evaluate a company's profitability based on the equity it has in the company. ROE demonstrates how much profit a firm produces for each dollar of equity invested. It is calculated as Net Income/Shareholders Equity. In the context of the given question, Naches' return on equity is being asked.

In the case of Naches, their ROE is 12.1%, which means that for every dollar of equity invested by shareholders, the company generated 12.1 cents of profit. This is a good metric to assess the company's profitability and how effectively it is using the equity invested in the business.

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This could be explained by the difference in availability between wild-caught salmon and farm-raised chicken.

Wild-caught salmon may be more scarce, so it is being over-consumed. Meanwhile, farm-raised chicken may be more widely available, so it is not being over-consumed.

One potential explanation is that salmon is perceived as a healthier or more desirable protein source than chicken by consumers. Another potential explanation is that salmon may be more readily available in the market, leading to increased consumption. Finally, it is possible that the marketing and advertising strategies for salmon and chicken may differ, leading to different levels of consumption between the two products. It is important to note that there may be other factors that could be influencing consumption patterns as well, and further research would be needed to determine the exact causes of the observed differences in consumption.

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A firm trying to compete with the leading firm in a competitive industry can try to negate the leading firm's competitive advantage through value-added resources.

A competitive advantage is the unique competitive element that provides a business with a better advantage than its rivals. It allows the company to create greater profits than its rivals since it has something that they do not. It's a unique edge that a company has over its rivals, enabling it to create greater profits than them.

There are several techniques to negate the leading firm's competitive advantage, including value-added resources, direct imitation, substitution, and engaging in perfect competition. However, among all of these techniques, the most effective one is the use of value-added resources.

Value-added resources are the resources that a company owns, which are not readily available to its rivals. These resources allow the company to offer something unique to the market that its rivals cannot. It could be anything from a proprietary technology to a skilled workforce, and these resources allow the company to distinguish itself from its competitors.

When a company uses value-added resources, it creates a unique competitive advantage that cannot be replicated quickly. This is because the company has something that its rivals don't have, and it can leverage that advantage to increase its profits. Hence, we can conclude that value-added resources are the most effective technique for negating the leading firm's competitive advantage.

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True. GDP only counts final goods and services to avoid multiple counting of goods is correct.

Gross Domestic Product (GDP) is a monetary measure of the market value of all final goods and services produced and sold by a country or country over a specified period of time, commonly referred to as the "intermediate goods and services used in its production." ” is called. GDP is most commonly used by individual governments to measure economic health. Due to its complex and subjective nature, this indicator is often revised before it can be considered a reliable indicator.

However, nominal GDP per capita does not reflect differences in cost of living and inflation rates across countries. Therefore, using purchasing power parity (PPP), GDP per capita helps compare living standards between countries, while nominal GDP helps compare economies on international markets. The ratio of GDP to the total population of a region is GDP per capita (also known as median standard of living).

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Dan's budget constraint will depend on a few factors, including his income, the cost of concert tickets, and any other expenses he may have. However, assuming that going to concerts is something that Dan is interested in, his budget constraint can be represented by the following formula:

C = I - T

If T is the amount he spends on concert tickets, I is his income, and C is his consumption. According to the budget limitation, Dan's spending cannot be greater than his income less the cost of his concert tickets.

Dan might experience some social pressure if going to concerts is a popular pastime among his friends, even if they are pricey. This can indicate that he needs to change his spending plan to account for this cost. Dan can decide to spend his money on other activities if, on the other hand, he is not really interested in attending concerts.

In the end, Dan's financial restrictions will be determined by his own preferences and financial condition.

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The short-run aggregate supply curve slopes upward because many production costs, particularly can be taken as such.

This means that when the demand for goods and services in the economy increases, businesses will produce more in the short run, but this will come at an increasing cost as resources become scarce. This is reflected in the upward slope of the short-run aggregate supply curve.
The long-run aggregate supply curve is vertical because all prices, including nominal wages, are fully in the long-run. This means that when there is an increase in demand for goods and services in the economy, businesses will be able to produce more without facing increasing costs because they will be able to increase the number of workers and other resources that they use. This is reflected in the vertical slope of the long-run aggregate supply curve.
In summary, the difference between the upward-sloping short-run aggregate supply curve and the vertical long-run aggregate supply curve is due to the fact that in the short run, businesses face increasing costs as they produce more, while in the long run, businesses are able to increase production without facing increasing costs. This is reflected in the shape of the two curves.

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Activity-based costing is used by all of the above firms, accounting firms, law firms, and consulting firms.

What is Activity-Based Costing (ABC)?

Activity-Based Costing (ABC) is a costing technique that allocates overhead costs to each product, service, or client based on its use of the overhead resources in each activity involved in its production or provision. This method, which is based on the cause-and-effect relationship between costs and activities, is distinct from conventional costing approaches that divide overhead costs proportionally between items or services, such as direct labor hours, direct materials, or machine hours.

The ABC concept seeks to improve the accuracy of product and service costing by providing a more detailed, comprehensive, and logical means of tracing overhead costs to goods and services. It necessitates the identification of all direct and indirect expenses that contribute to a particular activity, as well as the calculation of the quantity of that activity used by each product or service.

After this is accomplished, the costs of each activity are divided by the quantity of that activity used by each product or service, resulting in a cost per activity used by each product or service. In conclusion, Activity-based costing is used by accounting firms, law firms, consulting firms and all the other firms.

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The activity rate per product using activity-based costing would be $30/sq ft.

To calculate the activity rate per product using activity-based costing, we need to first identify the cost driver or activity that causes the heating cost to be incurred.

Let's assume that the cost driver is the square footage of space occupied by each product. In that case, we can calculate the activity rate per product as follows:

Total square footage = 1000 + 500 = 1500 sq ft

Activity rate per product = Total heating cost / Total square footage

= $45,000 / 1500 sq ft

= $30/sq ft

As a result, $30/sq ft is the activity rate per product when adopting activity-based costing.

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The given statement "the terms economies of scope, synergies, and 1 1>2 all refer to ways the diversified firm creates and captures value." is true because companies can combine different business units or operations to achieve greater efficiency and effectiveness, leading to cost savings, increased revenue, and other benefits.

Synergies, on the other hand, refer to the benefits that can be gained by combining different business units or operations.

The 1+1>2 effect refers to the idea that the value of two companies combined may be greater than the sum of their individual values. This can occur when the combined company is able to leverage synergies to create new products or services, enter new markets, or otherwise achieve greater success than either company could have achieved on its own.

In summary, economies of scope, synergies, and the 1+1>2 effect are all ways in which a diversified firm can create and capture value.

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Coordinates of production possibility frontier (PPF) the point: (22,10)

China can produce either 30 barrels of oil or 15 bushels of corn using 10 worker hours. Using this data, we can construct a production possibility frontier (PPF) or transformation curve graphically as shown below, using the data given in the question. The slope of the PPF tells us the opportunity cost of producing one good in terms of the other. Since the production possibility frontier is concave, the opportunity cost is increasing (the slope of the PPF is rising) as more and more of one good is produced.

When China decides to produce 22 barrels of oil, we have to find out the number of bushels of corn it can produce. For this, we have to move vertically from the point of production of 22 barrels of oil and see the number of bushels of corn that can be produced. From the graph, we can see that the maximum number of bushels of corn China can produce is 10.

So, China can produce 10 bushels of corn when it decides to produce 22 barrels of oil.

Coordinates of production possibility frontier (PPF) the point: (22,10)

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