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tresset_1 [31]
3 years ago
11

Economists often use production possibilities graphs to determine profit. True or False

Social Studies
1 answer:
harkovskaia [24]3 years ago
8 0

The statement “Economists often use production possibilities graphs to determine profit” is false

Answer: Option 2

<u>Explanation: </u>

A production possibility graph is used to determine and calculate how much goods can be produced with some given resources and technology with an assumption that all the resources invested in this are efficiently and effectively used.

Sometimes the graph also shows the attainable profits after implementing a profit generation strategy. Sales and costs are represented using two graph lines. When they intersect a break-even is achieved.

Sometimes this can also be used to see how profit can be generated when fixed costs and variable costs are changed. Economists often used profit graph to determine profit. It shows the possible results which can be achieved after the implementation of a profit generating plan.

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which industry contributed most to the economy of these city states• Kilwa • Malindi • Mombasa • Sofala city states
a_sh-v [17]

The correct answer is Kilwa

Around the 8th century, the Swahili people became involved in Indian Ocean trade. As a consequence, they were influenced by Arab, Persian, Indian and Chinese cultures. During the 10th century, several city-states flourished along the coast of Swahili and the adjacent island. They were Muslim, cosmopolitan and politically independent of each other.

Kilwa Sultanate was a medieval sultanate, centered in Kilwa, whose authority, at its peak, extended the entire length of the Swahili Coast. It was founded in the 10th century, and the last native dynasty was overthrown by a Portuguese invasion in 1505. By 1513, the sultanate was already fragmented into smaller states.

Despite its origins as a Persian colony, the extensive marriage and conversion of Bantu locals and subsequent Arab immigration transformed the Kilwa Sultanate into a very diverse state. It is the mixture of Perso-Arab and Bantu cultures in Kilwa, which is credited with creating Swahili as a culture and language distinct from East Africa.

The diverse history of the Swahili Coast has also resulted in multicultural influences on Swahili arts, including furniture and architecture.

3 0
3 years ago
When researchers added a few drops of vinegar to a brand-name beer, the beer tasters disliked it only if they had been told they
topjm [15]

Answer:

C. perceptual set.                                            

Explanation:

Perceptual set: The term perceptual set, in psychology, is defined as a group of a person's expectations that form experience by making the person sensitive or responsive to the particular sort of information. The term perceptual set is also referred to as perceptual expectancy. It can occur in each kind of sense and is a susceptibility to discern things in a specific way.

In the question above, the statement given best illustrates the impact of the perceptual set.

5 0
3 years ago
Problem 3-6 (LO. 1) Parent, a domestic corporation, owns 100% of Block, a non-U.S. corporation, and Chip, a domestic corporation
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Answer:

a. Y es

b. N o

c. No

Explanation:

Whenever a corporate group decides to establish new subsidiaries in its home country or in foreign countries, it should consolidate all of these subsidiaries (regardless of where they are located) into a single financial statement (if such statement is intended for accounting purposes). This should be done if Parente has an influence of more than 50% of the voting power of its subsidiaries.

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Who else came to the new world with the conquistadors and why did they come
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During the age of exploration, the spanish conquistadors arose to the america in exploration of the three G's: gold, glory, and God. The spanish crown acknowledged the gold and glory and the catholic church acknowledged the converts.
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3 years ago
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When asked to recall the one or two most important events over the last half century, older adults tend to name events that occu
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Being a half of a century is 50 years, older adults tend to name events that occurred during their childhood.
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