The graph is the one with coordinates (1,2) as the center.
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'
I think that the correct answer is f(-1)=-8 and f(0)=-5
I hope this helps :D
Answer:
A. $27.23
B. $467.77
Step-by-step explanation:
Lin is shopping for a couch with her dad and heard him ask the salesperson “how much is your commission?” The salesperson says that her commission is 5 1/2% of the selling price. A.How much commission will the salesperson earn by selling a couch for $495?
B.How much money will the store get from the sale of the couch?
Salesperson commission = 5 1/2%
Price of couch = $495
A. Amount earned by the salesperson = 5 1/2% of $495
= 5.5% × 495
= 0.055 × 495
= 27.225
Approximately
Amount earned by the salesperson = $27.23
B.How much money will the store get from the sale of the couch?
Amount the store get = Total price - amount earned by salesperson
= $495 - $27.23
= $467.77
