The production possibilities frontier has a bowed-out shape because the quantity of guns the economy must give up in order to produce more butterthe more butter is produced. In other words, the opportunity cost of butterwith increased production. Imagine a society that produces military goods and consumer goods, which we'll call "guns" and "butter," respectively. Indicate which of the points are impossible for the economy to achieve and which are feasible but inefficient. Characteristic A B C D Impossible for the economy to achieve Feasible but inefficient

Consider the country of morrow which is currently operating at full employment. suppose there is a decrease in investment

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)