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
I think it is 5/12 I hope it’s ok right
Answer:
Data set 3 has the highest IQR, so the correct option is {13,17,12,21, 18,20}
Step-by-step explanation:
The question is:
Which data set has the greatest spread for the middle 50% of its data
We have given the data sets:
{18,13,22, 17, 21, 24}
{17,19,22,26,17,14}
{13,17,12,21, 18,20}
{18,21,16,22,24,15}
To find the greatest spread for the middle we need to find the IQR for all the data sets and check which one is highest.
So,
For the first set: 22-17 = 5
For the second: 22-17 = 5
For the third set = 20-13 = 7
For the fourth set = 22-16 = 6
Since data set 3 has the highest IQR, so the correct option is {13,17,12,21, 18,20} ....
Answer:
The answer would be A
Step-by-step explanation:
This is because when you take 1.625 it rounds back to 6 because 2 isnt more then 5 or 5 so it wouldn't round just like 1.635. I believe thats the answer im not positive
