Drag the tiles to the correct boxes to complete the pairs.
match each economic scenario with the correct economic term.
a country can produce more units
of good b without reducing the units
of good a it produces.
a country cannot produce more units
of good a without producing fewer units
of good b
a country wants to produce 10 units
of good a and 12 units of good b but
can produce only 5 units of good a and
4 units of good b.
1- The correct answer is B. In the construction of a new housing development, bike paths and stores can be categorized as land, as they are factors of production attached to the ground, which can not be separated from it.
2.A- The correct answer is A. If the company constructs 9 apartment buildings, the number of stores will be 3.
2.B- If the company is producing at point C, the opportunity cost of building 3 more stores will be to lose all apartment buildings, as having 10 stores carries the apartment buildings number to 0.
1) Efficiency --- B
2) Underutilization --- A
3) Unattainability --- C
4- The mentioned amenities are examples of land factors of production, since all them are attached to the ground used to develop the community, and belong to the community and nor to any individual.
5- The correct answer is D. The PPC will become steeper, as a decrease in the population would also make decrease the PPC of the group.
A country can produce more units of good B without reducing the units
of good A it produces. would be UNDERUTILIZATION.
This indicates that the country is not using the full potential of their resources
A country cannot produce more units of good A without producing fewer units
of good B : would be EFFICIENCY
This means that the country has allocated all of their resources and labor properly to the point where there is no wiggle room
A country wants to produce 10 units of good A and 12 units of good B but
can produce only 5 units of good A and 4 units of good B.: UNATTAINIBILITY
This means that the country has a certain target in mind, but along the way they failed to reach the target
the answer is to stop cheating on plato
answer by yourhope:
the speaker of which statement would be best served by joining an interest group?
i want politicians to make more of an effort for lgbt rights!
match each economic scenario with t...