Based on the PPC given, the points given would represent the following:
- Point B = Efficient use of resources.
- Point X = Impossible use of resources.
- Point A = Underutilized resources.
<h3>What do points on the PPC represent/</h3>
Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.
Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.
Options to describe the points:
- Efficient use of resources
- Under utilized resources
- Economic growth
- Trade-off
- Opportunity cost
Find out more on the PPC at brainly.com/question/2617319.
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Answer:
$2,222,222.22
Explanation:
The data provided in the question
Annual scholarship provided = $100,000
Guaranteed rate of return = 4.5%
So by considering the above information, the amount i.e deposited today is
= Annual scholarship provided ÷ Guaranteed rate of return
= $100,000 ÷ 4.50%
= $2,222,222.22
By dividing the annual scholarship by the rate of return we can get the deposited amount
Answer:
$6,500
Explanation:
For computing the estimated fixed cost, we have to determine the variable cost per hour which is shown below:
Variable cost per hour = (High power cost - low power cost) ÷ (High machine hours - low machine hours)
= ($20,000 - $11,000) ÷ (12,000 hours - 4,000 hours)
= $9,000 ÷ 8,000 hours
= $1.125
Now the fixed cost equal to
= High power cost - (High machine hours × Variable cost per hour)
= $20,000 - (12,000 hours × $1.125)
= $20,000 - $13,500
= $6,500
Answer:
A) One exemption for their daughter Siera as a qualifying child but no exemption for Angela.
Explanation:
The six IRS requirements for determining a qualifying child are:
- Relationship
- Age
- Residence
- Support
- Joint return
- Citizenship
The problem with Angela is that she fails number 1, which means that she has no legal relationship with the Dasrups. She would qualify for the remaining 5, but if only one is missing, then the IRS will not qualify Angela.
On the other hand, Siera qualifies because she meets all the requirements.
Yes , Judy and Kristy have an enforceable binding contract
Explanation:
Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.
Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.
The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.