Geography

Geography, 02.10.2019 17:30, rtryf57rfgth

The line of maximum possible output on a production possibility graph is also called

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Business, 24.06.2019 07:40, stotherow5

Use the production function of the hypothetical economy represented in the graph to answer the questions. a graph showing output, investment, and depreciation with capital on the horizontal axis and output on the vertical axis. both output and investment are concave down curves, and output is always greater than investment. depreciation is a straight line. all three curves pass through the point (0, 0). depreciation intersects investment at the point (400, 200). output passes through the following points: (100, 225), (400, 500), and (500, 575). what is the steady-state level of output?

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Business, 25.06.2019 10:10, jessicajamah3289

3) atlantis is a small, isolated island in the south atlantic. the inhabitants grow potatoes and catch fresh fish. the accompanying table shows the maximum annual output combinations of potatoes and fish that can be produced. obviously, given their limited resources and available technology, as they use more of their resources for potato production, there are fewer resources available for catching fish. year quantity of potatoes (pounds) quantity of fish (pounds) a 1,000 0 b 800 300 c 600 500 d 400 600 e 200 650 f 0 675 examine the maximum annual output options table above and the resulting production possibility frontier graph below and answer questions from a-e. a. can atlantis produce 500 pounds of fish and 800 pounds of potatoes? explain. b. what is the opportunity cost of increasing the annual output of potatoes from 600 to 800 pounds? c. what is the opportunity cost of increasing the annual output of potatoes from 200 to 400 pounds? d. can you explain why the answers to parts b and c are not the same? e. what does this imply about the slope of the production possibility frontier?

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History, 25.09.2019 02:10, IDespretlyneedhelp

this graph is the production possibility curve for a country's combined production of good a and good b. match each description to the point on the graph that it best corresponds with 1. the country is using its resources efficiently. 2. the country wishes to produce an amount of both goods that is clearly unattainable. 3. the country's unemployment rate has increased drastically. 4. there are still many people without jobs, but the country's unemployment rate has decreased

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Social Studies, 15.10.2019 23:00, Teilen

The production of goods when all resources are efficiently allocated is called? a. maximum employment output b. full employment output c. complete resource output d. the equilibrium point

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