The value of Mr Banks's property was $250,000
What percentage of the property is left for charity?
The percentage of property left for charity can be determined as the 100% of the property minus all percentages given to others
% left for charity=100%-50%-22%-16%
% left for charity=12.00%
12.00% of the property=$30,000
1.00% of the property =$30,000/12
1.00% of the property =$2,500
100.00% of the property=$2500*100
100.00% of the property=$250,000
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Production possibilities frontier, PPF, is defined as a representation of the point at which a country’s economy is most efficiently producing its goods and services. Efficient production means allocating its resources in the best way possible.
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The points in the PPF shifts outward. The more efficient production is the more the PPF shifts outward. With this in mind, any point found inside the PPF means that there is inefficient resource allocation. If the PPF shifts inward, it means that the efficiency production is regressing and available resources are not fully used to its potential which will lead to a downward turn of the economy.
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I hope this helps you
Area=length ×width
30 1/3=30.3+1/3=91/3
6 1/2=6.2+1/2=13/2
91/3=13/2.width
width =7.13.2/3.13
width =14/3
width = 4 2/3