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'
Using law of cosines:
Cos(angle) = adjacent/ hypotenuse
Cos(22) = 12/x
Rewrite to get:
X = 12/cos(22)
Simplify:
X = 12.9424
Round the answer as needed.
The first image with the answers are right but the second image is blank
10 • 10=
Is 10^2
In exponential form
Answer:
$693
Step-by-step explanation:
Catherine invested a principal of $1,650 in her bank account with;
interest rate of 3.1%
How much interest did she earn in 14 years?
To find the amount accumulated in the 14 years, we use the formula:
A = P(1 + rt)
Where A is the amount accumulated, P is the principal, r is the interest rate and t is the time.
A = $1650(1 + (14))
A = $1650 + $693 = $2343
Interest = Amount (A) - Principal (P) = $2343 - $1650 = $693