Production Alternative Types of Production A В С D E Sandals 10 12 14 16 Boots 50 40 30 20 b. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C).
Q: Possibility A Economics History I 94 76 II 87 84 III 77 97 Table 2-1 Referring to Table…
A: Given: Possibility A Economics History I 94 76 II 87 84 III 77 97
Q: What is the significance of natural resources to the country’s economy?
A: * ANSWER :- Introduction :-
Q: (h) sugar industry is a subject matter of micro economics. Give reason. (i) what do you mean by…
A: Microeconomics deals with the behavior of firms and individuals in making decisions regarding the…
Q: Production Alternative Types of Production A В C E Robots 250 450 650 850 Wheat 130 117 109 89 What…
A: As wants and desires of the residents of the economy or the society are unlimited but the resources…
Q: Labour hours need to make 1 kilogram Мeat Potatoes Farmer Rancher 3 4 Refer to Table. What is the…
A: d) 3/4kg of meat
Q: Production Alternative Types of Production А В C D E Capital Goods 10 20 30 40 Consumer Goods 75 68…
A: The efficient point is that it can be produced by utilizing resources efficiently. An inefficient…
Q: Production Possibilities Corn Rye (Bushels) (Bushels) 2,500 2,000 700 1,500 1,200 1,000 1,600 500…
A: GIVEN Production Possibilities Corn (Bushels) Rye (Bushels) 2,500…
Q: Which of the following lists includes only capital resources? Question 11 options: A) an…
A: Capital resources are the resources that are manufactured by man and used to produce goods and…
Q: Timothy quits his job, which pay $86000 a year, to enrol in a 3-year graduate program .His annual…
A: Opportunity cost is defined as the cost of the next best alternative in production or consumption…
Q: 20. Assume that to produce 5 cars, a firm can use one of the production methods below. If the cost…
A: When it comes to economic efficiency, it is a state of things in which every resource is distributed…
Q: Why are the elements found in the I=P x A x T important in terms of impacting our environment?…
A: Whilst the equation may appear to be an oversimplification of the numerous issues that face our…
Q: O A. Pine trees in the great northwestern US forests. B. a table saw used to produce furniture in…
A: Physical capital is called tangible asset and it is used for making product. These assets are man…
Q: Here is the production possibilities table for war goods and civilian goods: Production Alternative…
A: Since you posted multiple parts, we will provide the answer of first three subparts. If you want any…
Q: Caln be allocated in the production of either good freely, but the other factor is specific. For…
A: Labor: It refers to the people who work at the lower level in the factory or in the firm. The labor…
Q: Pls help with below homework. Please explain how increased economic activity lead to improve…
A: As we say that economic activity can be classified as activity of build furnish buy or sell goods…
Q: Toyota has started a major expansion of a Texas factory. It has already spent $11 million and has…
A: To find the correct option we have to check which option minimizes the loss or gives more benefit so…
Q: A good example fo public good is a a)lollypop b) beautification program for Cental Park in New…
A: Public good refers to a good which is non-rival in consumption and non-excludable in nature.
Q: Production Alternative Types of Production A В D E Robots 250 450 650 850 Wheat 130 117 109 89 Label…
A: According to the production possibility schedule, it can be said that any point that lies on the PPC…
Q: 2) Task Ne 3 Bottles of calendula extract 0006 0008 0000 12000 15000 000 000 C封常城 0009 大 0008…
A: PPF is also known as the production possibility curve, it that the maximum output a firm, can…
Q: Point Pizzas Airplanes A 0 200 B 80…
A: Production possibility curve shows the combination of two goods that can be produced with the given…
Q: Production posilnies Puza (per hour) Soda (cases per hour) Possibility 100 00 60 35 in the above…
A: Defination: A production possibility frontier/bend is the locus of all blends of the amounts of two…
Q: Mr. Khalil has 200 OMR; he wants to purchase a TV and washing machine that costs 200 OMR each. He…
A: When an individual, an investor, or a corporation chooses one option over another, opportunity costs…
Q: You bought a laptop at $3000 last year, its resale value now is $2000. It will cost $3500 to buy a…
A: The opportunity cost refers to the benefit of next best alternate.
Q: Approximately what percentage of the world"s economies experience scarcity? A. 100% b. 75% c. 50%…
A: The word "economy" is originated from the Greek word "oikonomos" and it means one who takes care of…
Q: Tom's opportunity cost of mowing lawns in terms of trimming bushes is trimmed bushes per mowed lawn.…
A: Tom's PPF is a straight line. PPF is a straight line because the opportunity cost is constant. If…
Q: mat shows Dimies Good X and Good Y. Type of Goods Production Possibilities A B D. E 2 4. 6 8 Y 30 27…
A: Since, you have asked multiple questions with multiple parts, we will be answering the first three…
Q: Please help. Screen shoot attqached
A: In the production possibility frontier (PPF) graph, points located in the below PPF curve is…
Q: One of the business enterprise is manufacturing sanitary building materials, it could be the example…
A: Consumer Goods are those goods which are the basic necessity if consumers like food, clothing,…
Q: Wine B F C D Bread Refer to the diagram. Select which points match their proper designations.…
A:
Q: timothy quits his job, which pays $87000 a year to enrol in a 3 year graduate program. his anual…
A: Yearly amount from the job = $87000 The Annual school expense = $53500 Books charges = $6800 Food…
Q: A person makes sandwiches at home for five hours each day. She makes 20 sandwiches per hour, and…
A: Opportunity cost refers to the cost of the next best alternative that is required to be sacrificed…
Q: HANDOUT 3 OPPORTUNITY COST: Examples A. Wanda paid $150 for a fully refundable plane ticket to San…
A: Opportunity cost is defined as the forgone benefit that would have been possible from an option not…
Q: Because of scarcity,a. it is impossible to satisfy every desire andchoices must be made.b. the…
A: Economics is the study of the behavior of agents and how they interact with each other in the…
Q: 250 A 225 D 200 B 175 150 125 100 75 E 50 25 20 40 60 80 100 Oil Drills the PPF shown in the figure…
A: Production possibility frontier represents the varying amount of two goods when they depends on the…
Q: Pls help with below homework. What is the main difference between the adaptive and the visionary…
A: Scenario planning has steadily risen to become an important aspect of business and organisational…
Q: Opportunity costs arise due toa. resource scarcity.b. lack of alternatives.c. limited wants.d.…
A: Investors frequently ignore the opportunity cost. It refers to the hidden cost of not adopting a…
Q: Economics Select one: O a. is concerned with unlimited wan O b. is a social science. O c. is…
A: Economics is classified as the social science which merely seeks to understand or analyze the…
Q: Production Alternative Types of Production А В C D E Robots 250 450 650 850 Wheat 130 117 109 89…
A: Scarcity refers to the basic economic problem where the resources to produce the goods are limited…
Q: 8. Assume that the economy of Belleland can produce a maximum of 400 products. Determine the status…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: re given the following different technologies for producing 100 metres of cloth. 8 - D 4 B E 1 T T 1…
A: The correct answer is a. Technology B dominates technology D This is because at every level…
Q: 1. A factual claim about how the world actually works a. is a positive statement. b. cannot be…
A: Hey, Thank you for the question. According to our policy we can only answer upto 3 MCQs per session.…
Q: A套第7页共10页 According to production possibility frontier of an economy in the two graphs below, answer…
A: The production plausibility frontier (PPF) is a bend outlining the shifting measures of two items…
Q: Timothy quits his job that pays $60,000 a year, to enrollin a 2 year graduate programme. His anual…
A: Opportunity cost is the next best benefit or alternative which is forgone to attain the current…
Q: Timothy quits his job,which pays $87000 a year ,to enroll in a 3 years graduate program. His annual…
A: Opportunity cost is the forgone benefit that would have been derived from the next best alternative.…
Q: tion of Question Submission | bartleby Mastery Assess It_2 Economics-S1- MI / Thinking on the Margin…
A: Factors of production: - The inputs that are used to produce goods and services are known as the…
Q: CHOICES: a. Both statements are TRUE b. 1st statement is TRUE, 2nd is FALSE c. Both statements are…
A: Agriculture sector refers to the primary sector in the economy which is composed of activities…
Q: What is the importance of business ethics to the economy wor
A: Business ethics refers to the businessman’s behavior while doing a business as it has an impact on…
Q: (a) State whether 9 units of G are attainable, unattainable, efficient or inefficient State all that…
A: Person 1 has 8 hours per day to allot between the production of two goods A and B. Each hour devoted…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- Pls help with below homework. What is the main difference between the adaptive and the visionary approach ? Pls give atleast two examples.Two important industries on the island of Bermuda are fishing and tourism.According to data from the Food and Agriculture Organization of the United Nationsand the Bermuda Department of Statistics, in 2009 the 306 registered fishermen inBermuda caught 387 metric tons of marine fish. And the 2,719 people employed byhotels produced 554,400 hotel stays (measured by the number of visitor arrivals).Suppose that this production point is efficient in production. Assume also that theopportunity cost of 1 additional metric ton of fish is 2,000 hotel stays and that thisopportunity cost is constant (the opportunity cost does not change).a. If all 306 registered fishermen were to be employed by hotels (in addition to the2,719 people already working in hotels), how many hotel stays could Bermudaproduce?This is a question from Sustainable Energy by Richard Dunlap (2nd edition): If world energy use increases linearly, use Figure 2.13 to estimate the annual percentage increase for OECD and non-OECD countries from 1990 to 2035 relative to the use in 1990. Here is some information about this figure: 1990 OECD 217 QBtu total 355 QBtu non-OECD 138 QBtu 2035 OECD 293 QBtu total 774 QBtu no-OECD 481 QBtu I also attached the figure: Do I find the overall percent increase and divide it by (2035 - 1990 ) or 45?
- principle of ecnonmy answer please asoon as possibleCase Title:Sustainable consumption and production: Trends, challenges and options for the Asia-Pacific region Case link:https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1477-8947.2010.01275.x Answer the ff questions attached:to treat a sore back Kyoko undertakes a course of physical therapy.Kyoko's marginal benefit from her first physical therapy session is $250 from her second its $225 , from her third its $175 anf from her its $100. physical threapy sessins cost $175 each. assuming kyoko's final physical threapy session will earn her zero consumer surpus, kyoko will have _ physical threapy sessions and her total consumer surpus will be_ A .four, $0 B. three, $100 c. four, $125 d. three, $125
- A nation’s population size and the affluence of its citizenseach influence its resource consumption and environmentalimpact. As of 2013, the world’s population passed 7.1 billion,average per capita income was $11,690 per year, and the latest estimate for the world’s average ecological footprint was2.7 hectares (ha) per person. The sampling of data in the tablewill allow you to explore patterns in how population, affluence,and environmental impact are related. Draw a graph illustrating total impact (on the y axis) inrelation to affluence (on the x axis). What do the resultssuggest to you?Solve this economic subparts b, c and d.One word Which economics is concerned with the evaluation of the alternative economic situations from the point of view of the society well being
- a. Construct the cost-of-living index number for 202 2 the basis of 2019 from the given data. Advice a donor agency on what course action to take if the information is meant to help them decide on some food stipend being for a social protection program in Kenya. Commodities PRICE Weights 2019 2022 A 200 400 50 B 200 350 40 C 100 150 65 D 80 120 45 E 60 180 20 F 90 157.5 60 G 300 585 100Intermediate MicroeconomicsProblem Set 10.Submission options:⢠in person during lectures or TA sessions;⢠in Xiaoye Liaoâs mail box at 19 West 4th, 6th Floor;⢠(less recommended) e-mail Xiaoye Liao atxl775@nyu.eduâ in that case, be sure to use the subject line: âSubmission Problem Set 10â.Exercise 1Consider a game of rock-scissor-paper. There are two players, player 1 and player 2,and the winner receives $1 from the loser (if they draw, nothing happens). They playthis game simultaneously.1. What kind of game is this? Express this game in normal form.2. What are the set of possible actions and strategies?3. Find all Nash equilibria of this game.Exercise 2Consider a game represented by the following payoff matrix. Find all pure strategyNash equilibria. UMD LCR?10, 0 ?10, ?1 ?10, ?1?8, ?8 0, ?102, ?14, 57, ?101, 1 Exercise 3Consider a game represented by the following…4 Time remaining: 00:09:27 Economics Hurdle rates (minimum required rates of return) are often used by development banks such as the World Bank. Suppose the World Bank hurdle rate is 3%. The World bank is currently evaluating a carbon investment in Brazil that will require 1.35 million dollars given to Brazil now, in return for Brazil setting aside forest land and then returning 2.0 million dollars back to a carbon credit owned by the bank in 10 years. The world bank has already paid 1 million dollars in the past two years to set up a carbon payment fund that can generally be used for these purposes. Will the following investment in this carbon market make sense for the World Bank? A. No because the rate of return is equal to 2.4% B. No, because the opportunity cost of waiting is too high C. Yes, because the ratio of benefits to costs is greater than 3% D. Yes, because the rate of return is equal to 4.0%