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2 years ago

To produce at a point lying ______ the production possibilities curve would require economic growth.

Mathematics

1 answer:

Rina8888 [55]2 years ago

3 0

To produce at a point lying inside the production possibilities curve would require economic growth.

<h3>What is production possibilities curve ?</h3>

The production possibilities curve can be described as a graph that help to display the different combinations of output which can be gotten from given current resources and technology.

In this case, To produce at a point lying inside the production possibilities curve would require economic growth.

Learn more about production possibilities curve on:

brainly.com/question/26460726

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Answer:

y = 200x + 7000

Step-by-step explanation:

950x-750x=200x

27,000-20,000=7000

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3 years ago

Tom and his best friend are going to join a gym. Tom saw that Platinum gym has a sale with a one time fee of $90 and a monthly f

worty [1.4K]

Answer:

Part 1:

For Platinum Gym:

90 + 30x

For Super Fit Gym:

200 + 20x

Part 2: $270

Part 3: $320

Part 4: 11 months

Part 5: See explanation below

Step-by-step explanation:

Part 1:

Let "x" be the number of months:

For Platinum Gym:

90 + 30x

For Super Fit Gym:

200 + 20x

Part 2:

We put x = 6 in platinum gym's equation and get our answer.

90 + 30x

90 + 30(6)

90 + 180

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Part 3:

We put x = 6 into super fit's equation and get our answer.

200 + 20x

200 + 20(6)

200 + 120

=$320

Part 4:

To find the number of months for both gyms to cost same, we need to equate both equations and solve for x:

90 + 30x = 200 + 20x

10x = 110

x = 11

So 11 months

Part 5:

We know for 11 months, they will cost same. Let's check for 10 months and 12 months.

In 10 months:

Platinum = 90 + 30(10) = 390

Super Fit = 200 + 20(10) = 400

In 12 months:

Platinum = 90 + 30(12) = 450

Super Fit = 200 + 20(12) = 440

Thus, we can see that Platinum Gym is a better deal if you want to get membership for months less than 11 and Super Fit is a better deal if you want to get membership for months greater than 11.

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Slope is -7 and the y-intercept is -2

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3 years ago