1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sindrei [870]
3 years ago
8

Penguin Island produces two goods: ice and genetically engineered fish. Due to recent technological advances, its economy has ex

perienced growth in both ice and fish production. Show this growth in relation to the production possibilities frontier (PPF).
Which of the following economic activities have led to an increase in the standard of living worldwide over the last century?

a. investments in education and infrastructure
b. increases in international trade
c. increases in farm productivity
d. increases in technology
Business
1 answer:
Vadim26 [7]3 years ago
4 0

Answer:

1. Point on x-axis will increase and so will the point on the y-axis

2. All of the above

Explanation:

1. The Production Possibilities Frontier shows the amount of resources needed to produce different quantities of two goods. It therefore allows one to see the trade-off in resources for producing more of one good vs the other.

When a factor of production leads to more efficiency in the production of a good, the frontier will increase. In this scenario, there has been a growth in technology which means that more of both goods can be produced. This will increase the PPF on both axis. (Refer to attached file).

2. All of the listed options have led to increases in the standard of living in the last century. More education means people can get better jobs and build more infrastructure. International trade has increased market access and increased wealth. Farm productivity is better so more people can be fed and improvement in technology is the main driver for growth.

You might be interested in
Rhonda has an adjusted basis and an at-risk amount of $7,500 in a passive activity at the beginning of the year. She also has a
mixer [17]

Answer:

c. $9,000

Explanation:

a. Adjusted basis in the passive activity: $0

b. Rhonda is facing a net loss of $12,000 from passive operation.

Since it uses $7,500 of the loss to. the total at risk to $0.

c. This year passive loss suspended $7,500

The loss suspended in the prior year is $1,500

So, Therefore, the suspended passive loss passed over to the following years total $9,000

Now, Suspended passive loss $9,000 ($7,500 suspended loss in current year + $1,500 suspended loss in the previous year)

6 0
3 years ago
Based on the information given, indicate whether the following industry is best characterized by the model of perfect competitio
alina1380 [7]

Answer:

a- monopolistic competition

b- perfect competition

c- monopoly

d- oligopoly

Explanation:

Industry A is a monopolistically competitive industry

Industry B is a perfectly competitive industry

Industry C is a monopoly industry

Industry D is an oligopoly industry

6 0
3 years ago
A bank has total interest income of $67 million and total noninterest income of $14 million. This bank has total interest expens
tresset_1 [31]

Answer:

$32 million

Explanation:

Data provided in the question:

Total interest income = $67 million

Total noninterest income = $14 million

Total interest expenses = $35 million

Total noninterest expenses (excluding PLL) = $28 million

Provision for loan losses = $6 million

Taxes = $5 million

Now,

Bank's net interest income = Total interest income - Total interest expenses

= $67 million - $35 million

= $32 million

7 0
3 years ago
Please help me out with my question
telo118 [61]

Answer:

B. $8293.75  

Step-by-step explanation:

<em>On first $9 225:</em>

Tax =     $9225 × 0.10 = $  922.50

<em>On next $28 225: </em>

Tax = $28 225 × 0.15 =   4233.75

<em>On last $12 550</em>:

Tax = <u>$12 550</u> × 0.25 = <u>  3137.50 </u>

        $50 000             $8293.75

This isn't exactly the same as on your answer key.


4 0
3 years ago
Read 2 more answers
Career Explorations Course Question!!!
Liono4ka [1.6K]

Answer: D

Explanation: he wants to learn so its D

7 0
3 years ago
Other questions:
  • Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and
    9·1 answer
  • Real interest rates can either be positive, zero, or negative, but nominal interest rates can only be zero or positive. question
    9·1 answer
  • Lexie, a marketing manager, regularly interviews candidates for her team. Because Lexie is a people person and her department is
    8·1 answer
  • Brief Exercise 184 Twain Company has the following accounts in its general ledger at July 31: Accounts Receivable $40,000 and Al
    10·1 answer
  • A company’s total monthly sales (in millions of dollars) t months from now are given by:
    7·1 answer
  • If a company uses straight-line depreciation, the annual average investment can be calculated as: (Check all that apply.)
    8·1 answer
  • Cullumber Manufacturing Company purchased 14600 switches to make 6300 units. The standard allows for 2 switches per unit. The co
    7·1 answer
  • LaTanya Corporation is planning to issue bonds with a face value of $107,000 and a coupon rate of 6 percent. The bonds mature in
    14·1 answer
  • Your rich aunt has promised to give you $5,000 per year at the end of each of the next four years to help you pay for college. U
    11·1 answer
  • an increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!