Drag the tiles to the correct boxes to complete the pairs.
match each economic scenario with the correct economic term.
a country can produce more units
of good b without reducing the units
of good a it produces.
a country cannot produce more units
of good a without producing fewer units
of good b
a country wants to produce 10 units
of good a and 12 units of good b but
can produce only 5 units of good a and
4 units of good b.
1- The correct answer is B. In the construction of a new housing development, bike paths and stores can be categorized as land, as they are factors of production attached to the ground, which can not be separated from it.
2.A- The correct answer is A. If the company constructs 9 apartment buildings, the number of stores will be 3.
2.B- If the company is producing at point C, the opportunity cost of building 3 more stores will be to lose all apartment buildings, as having 10 stores carries the apartment buildings number to 0.
1) Efficiency --- B
2) Underutilization --- A
3) Unattainability --- C
4- The mentioned amenities are examples of land factors of production, since all them are attached to the ground used to develop the community, and belong to the community and nor to any individual.
5- The correct answer is D. The PPC will become steeper, as a decrease in the population would also make decrease the PPC of the group.
A country can produce more units of good B without reducing the units
of good A it produces. would be UNDERUTILIZATION.
This indicates that the country is not using the full potential of their resources
A country cannot produce more units of good A without producing fewer units
of good B : would be EFFICIENCY
This means that the country has allocated all of their resources and labor properly to the point where there is no wiggle room
A country wants to produce 10 units of good A and 12 units of good B but
can produce only 5 units of good A and 4 units of good B.: UNATTAINIBILITY
This means that the country has a certain target in mind, but along the way they failed to reach the target
Answers with Explanation:
1. A country can produce more units of good B without reducing the units of good A it produces.
The answer here is "underutilization." This means that the full potential of resources are not met. For example, a person invested in 10 photocopy machines. He was, supposedly, expecting many people to avail of its service. However, the demand for its service has decreased recently. So, this means that the machines will be underutilized, thus resulting into a failure in its investment.
2. A country cannot produce more units of good A without producing fewer units of good B.
The answer here is "efficiency." When it comes to a country's economy, efficiency can only occur if the other entity will be harmed. This will result to the improvement of the other entity. This results into a balance between loss and benefits. One example of this is reducing the number of workers in a farm, but letting them work over time. This leads to less wastage of efforts and labor.
3. A country wants to produce 10 units of good A and 12 units of good B but can produce only 5 units of good A and 4 units of good B.
The answer here is "unattainability." This refers to the inability to achieve your goal. No matter how much a country wants to produce 10 units of good A and 12 units of good B, if it doesn't have the resources and capacity to do so, then such economic situation is unattainable. This is also proven by many things that happen in a person's life. For example, not everyone is meant to be an actress, thus it is an unattainable career for some people.
efficiency- A country cannot produce more units of good A without producing fewer units of good B
underutilization- A country can produce more units of good B without reducing the units of good A it produces.
unattainability- A country wants to produce 10 units of good A and 12 units of good B but can produce only 5 units of good A and 4 units of good B.
Efficiency: A country can produce more units of good B without reducing the units of good A it produces
Underutilization: A country cannot produce more units of good A without producing fewer units
of good B.
Unattainability: A country wants to produce 10 units of good A and 12 units of good B but can produce only 5 units of good A and
4 units of good B.
Efficiency: Efficiency means more production with less resources. This could correctly be likened to the case of the country in the first example since they could produce more without much loss or opportunity costs.
Underutilization means not being used to full capacity. In the second example, the opportunity cost concept applied since the country had to forgo spending resources on one product for the other.
Unattainability: This could be seen in the third example where a country may not be able to attain a certain production target as a result of limited resource capacity.
For plato, the answer is c. solar power
posting this future users!
I think it would be this answer
the people working to develop the communityb.bike paths and storesc.solar powerd.the idea to develop the housing community
The answer is:
1 - Underutilization
2 - Efficiency
3 - Unattainability
Efficiency in economics means a situation in which all resources are optimally distributed to serve each entity in the best way while minimizing waste and inefficiency.
Underutilization in economics is also a a situation in which lesser resources are being utilized than the economy is capable of utilizing.
Unattainability is a situation in which what one to accomplish or achieve is not possible.
1 - Underutilization
2 - Efficiency
3 - Unattainability
The correct alternative is option B: bike paths and stores
In business, the term land refers to the sort of assets which have economic values, fixed in one place and took up certain portion of a geographical area belonging to an organization. Things such as bike paths and stores fulfill all those two criteria.
Land is including in the factors of production that any entrepreneur possess when creating her business aiming to make profit by producing certain good or service.
The term "land" includes all physical elements in the wealth of a nation bestowed by nature; such as climate, environment, fields, forests, minerals, mountains, lakes, streams, seas, and animals. As an asset, it includes anything on the ground (such as buildings, crops, fences, trees, water).
The correct answer is option B. bike paths and stores
Land is considered to be that part of earth which is on the ground. In the above scenario, bike paths and stores would fall into the category of land. The reason is that if those bike pathways and stores are demolished, a different building or any different infrastructure can be built in place of them.
No such physical infrastructure can be built in place solar power, or ideas which are in the mind or even human labor.
I hope the answer is helpful.
Thanks for asking.
the doctrine of nullification recommended that states living inside the union have the one-sided, inalienable ideal to void any law made by the national government that could be esteemed illegal.
the united states was shaped based on a general agreement among its individual states. hence, it is inferred that under the hypothesis of invalidation, since the states are the establishment of the union, they have the ability to referee and disprove unlawful laws.
match each economic scenario with t...