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:
3
Step-by-step explanation:
np have a good day!
Hey there!
There's multiple ways to express this problem, but I like to do ratios, so we'll go with that. If you prefer fractions, the first number of a ratio is the same as the numerator of a fraction and the second number is the same as the denominator.
The ratio of this problem is 4:448. This basically means there will be 448 miles per 4 inches. This ratio can be simplified by dividing by 4 to make it 1:112. Applying the same logic, there are 112 miles per inch.
112 miles per 1 inch should be your answer. Hope this helped you out! :-)
See photo for solution and steps
