Answer:
MPLF/MPLC; becomes steeper
Explanation:
The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical axis in the specific factors model is equal to MPLF/MPLC and it becomes steeper as more cloth is produced.
Where
- MPLC is Marginal Product of Labor for Cloth.
- MPLF is Marginal Product of Labor for Food.
Answer:
B : assets.
Explanation:
As we know that
The debit side records the expenses, assets, and losses plus there is always a debit balance. If there is an increase in these above accounts than it also contains a debit balance
While the credit side records the revenues, gains, liabilities, and the stockholder equity. If there is an increase in these above accounts than it also contains a credit balance
Answer:
Detailed step wise solution is given below:
