a. The point on the graph shows that if the country produces 8 million alarm clocks, it can only produce 16 million DVD movies is point B.
b. The point on the graph that shows if the country produces 6 million DVD
movies, it can produce 20 million alarm clocks is point D.
c. If the country produces 25 million alarm clocks, the number of DVD movies it can produce is 0.
d. If the country produces 20 million DVD movies, the number of alarm clocks it can produce is 0.
e. The number of alarm clocks it can produce is 15 million.
f. Point G on the graph represents inefficient production.
g. Point F on the graph show unattainable production levels.
<h3>What is the production possibility curve?</h3>
The production possibilities frontiers 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.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources Points inside the production possibilities curve means that the nation's resources are not being fully utilised.
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Answer:
as a footnote in financial statements or on the balance sheet
Explanation:
A loss contingency can be defined as the situation or occurrence in which there is uncertainty about an entity but that will be resolved when a/some future situation occurs or not.
Simply put, a loss contingency can be said to be loss of an entity that can be resolved later in future by the occurrence or not of an event.
When a loss can be reasonably estimated as seen from the question, it should be written as a footnote on a financial statement or on a balance sheet.
cheers.
Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.
<h3>What are better financial decisions?</h3>
- The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.
- The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.
- The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.
Hence, the strategies for taking better financial decisions are as aforementioned.
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Option B, In a(n) , common market members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate barriers to the movement of the factors of production.
A legal agreement that creates a collection of nations that adopt a single external policy tariff is known as a common market. Countries that participate in a single market also permit free commerce as well as the free movement of capital and labor within the group's members. It establishes a common external tax on imports in the market. Members of this market thus do away with trade restrictions and embrace or adhere to a common policy.
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Answer:
The equilibrium price falls and quantity increases
Explanation:
When the supply of food rises without a corresponding increase in demand , there would be an excess supply.
When there's excess supply, prices fall and the quantity produced rises.
I hope my answer helps you
