Points to the right of the production possibilities curve represent future economic growth (third option).
<h3>What is the
production possibilities curve?</h3>
The Production possibilities curve shows the various combination of two goods a country can produce when all its resources are fully utilised.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources. This point indicates production levels in the future.
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Answer:
Noise
Explanation:
Bart tries to concentrate during a particularly difficult lecture, but finds that he is more focused on the instructor’s unique dialect and delivery style. This is an example of _noise_.
Noise refers to anything that interferes the communication between the speaker and the audience. It can be both external as well as internal. It can disrupt the communication process at any instant.
The advertisement does not constitute an offer because it lacks:
- Serious intention.
- Clear and reasonable defined terms.
- Communication to the recipient.
An offer is an economic term that refers to that property that is willing to be sold for a price. There are also other types of offers that are related to coupons or discounts for consumers to obtain a reward for their loyalty to a brand.
An offer must have three basic components to be considered true, these must be:
- Serious intention: This refers to the fact that whoever offers must make the offer in a formal, real and true way
- Clear and reasonable defined terms: This refers to the fact that whoever offers must establish the terms and conditions clearly and completely for consumers to access them.
- Communication to the recipient: This refers to the fact that whoever offers must communicate to the consumer through advertising or official communications the information necessary to complete a transaction.
Based on the above, it can be inferred that Pepsi did not make a true offer with its ad because the part in which a young man appears on a Harrier airplane had a humorous tone, this does not show Pepsi's intention to offer this service.
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Answer:
$
Material used 2,500
Direct labour 5,000
Overhead applied 200
Cost of goods sold 7,700
Explanation:
The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200 represents the overhead applied.
Answer:
Positive Reinforcement: Giving a desired reward when a behavior is performed to increase how often the person repeats the behavior.
reinforcement: The process of increasing the incidence of a directly measurable behavior.
negative reinforcement: The removal of an unpleasant condition or consequence when a behavior is performed to increase how often the behavior is repeated.
