Production would take place at a point inside the production possibility frontier
The Production possibilities curve is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
Points inside the production possibilities curve means that the nations resources are not being fully utilised
When the unemployment rate increases, it means that labour resources are not been fully utilized. As a result, production would take place at point inside the production possibilities curve
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources
Learn more about the production possibility curve here : brainly.com/question/12047178?referrer=searchResults
Answer:
p=6.2
Step-by-step explanation:
Answer:
$91.75
Step-by-step explanation:
Jessica is paid:
- $0.45 per basket for the first 100 baskets picked;
- $0.50 per basket for all baskets over 100 picked.
1st day:
Jessica picked 65 baskets of oranges (less than 100)
Jessica is paid 
2nd day:
Jessica picked 135 baskets of oranges (35 more than 100)
Jessica is paid 
Altogether Jessica is paid
The answer is 7 because when you divide 50 from 350 I️t gives you seven.
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