Answer:
The domain of a function f(x) is the set of all values for which the function is defined, and the range of the function is the set of all values that f takes. (In grammar school, you probably called the domain the replacement set and the range the solution set. further the domain refers to the set of possible input values, the domain of a graph consists of all the input values shown on the x-axis. The range is the set of possible output values, which are shown on the y-axis.
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Production would take place at a point inside the production possibility frontier
The Production possibilities curve is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
Points inside the production possibilities curve means that the nations resources are not being fully utilised
When the unemployment rate increases, it means that labour resources are not been fully utilized. As a result, production would take place at point inside the production possibilities curve
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources
Learn more about the production possibility curve here : brainly.com/question/12047178?referrer=searchResults
Answer:
A
Step-by-step explanation:
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