Answer:
A. The economy switches to producing less of one product without increasing the production of the other product
Step-by-step explanation:
PPC is the graphical representation of product combinations that an economy can produce, given resources & technology. It is downward sloping because given resources & technology, production of a good can be increased by decreasing production of other good.
It is based on assumption that resources are efficiently utilised. Points on PPC show resources efficient utilisation, Points under PPC show under utilisation, Points outside PPC are beyond country's productive capacity.
If country produces less of a good without increasing production of other goods, implying wasted resources & production below PPC. This case doesn't satisfy productive efficiency
Other cases : Producing more of a good & less of other is just re allocative movement on the PPC itself. Production point at PPF intersection with either axis implies economy is producing only the good on that axis.
In all the cases except A. satisfy the 'productive efficiency'
Answer:
pi r squared divided by 2 for the half circle then add the area of the box to you number and there is your area
Answer:
Total amount paid in july: $68 + $3.40 + 71.40
Step-by-step explanation:
given: June= $68 for electricty
Basically there are 3 addition properties and they are associative property, identity property, and commutative property.
Commutative property is just changing the order of the addends. Example: 26+19+34+21= 21+34+19+26
Identity Property is just adding a 0 to the number that doesnt change anything. Example: 26+19+34+21 +0 = 100
Associative property is just changing the grouping of the addends. Example: (26+19) + (34+21)
Amount after 9 years = 3600( 1 + 0.024)^9 = $4456.58
