Answer:
1. Point on x-axis will increase and so will the point on the y-axis
2. All of the above
Explanation:
1. The Production Possibilities Frontier shows the amount of resources needed to produce different quantities of two goods. It therefore allows one to see the trade-off in resources for producing more of one good vs the other.
When a factor of production leads to more efficiency in the production of a good, the frontier will increase. In this scenario, there has been a growth in technology which means that more of both goods can be produced. This will increase the PPF on both axis. (Refer to attached file).
2. All of the listed options have led to increases in the standard of living in the last century. More education means people can get better jobs and build more infrastructure. International trade has increased market access and increased wealth. Farm productivity is better so more people can be fed and improvement in technology is the main driver for growth.
Pair of footwear costs $15 to supply and sells for $70.A shoe organization sells 5455 gadget pairs of shoes.
The costs function refers back to the useful dating between cost and output. It studies the behavior of price at distinctive ranges of output while generation is assumed to be steady. it may be expressed as under C= f(Q) (here, C= price of production; and Q= Quantum of output).
The Costs function measures the minimal value of producing a given degree of output for some fixed element costs. The fee feature describes the economic opportunities of a company. type of quick-run price features: average (total) fees. average constant charges.
A price feature is a characteristic of input expenses and output quantity whose cost is the price of making that output given the ones enter prices, often carried out via using the cost curve with the aid of agencies to reduce fees and maximize manufacturing performance.
Learn more about costs function here: brainly.com/question/2292799
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The answer is Line Spacing.
The line spacing feature is used to change the amount of blank space between the lines of text.
Answer:
Bond Price = $851.6088449 rounded off to $851.61
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1,000 * 0.11 = $110
Total periods (n) = 9
r or YTM = 0.14
The formula to calculate the price of the bonds today is attached.
Bond Price = 110 * [( 1 - (1+0.14)^-9) / 0.14] + 1000 / (1+0.14)^9
Bond Price = $851.6088449 rounded off to $851.61
Answer:
None of the options is correct.
Explanation:
In a perfectly competitive market a company will shut down in the short run if its product's price is less than the variable cost (total revenue is less than total variable costs).
Since all the companies are price takers in a perfectly competitive market, then the company cannot increase their prices, so they will temporarily shut down until the equilibrium price increases above its variable cost.
