the point where the ppf intersects the vertical axis is

the point where the ppf intersects the vertical axis is

If the economy is currently at point A, the opportunity cost of moving to point B is. Each point on the … attainable and efficient. ANS: B PTS: 1 DIF: Difficulty: Moderate . d. 3 oranges. Let's just look at an example of a graph. Point Z could be attained only if technology or/and resources increase and the economy shifts its PPF to the right. Step 1 of 5. Question 6 The point where the PPF intersects the vertical axis is unattainable. d. attainable and neither productive efficient nor productive inefficient. D) attainable and neither productive efficient nor productive inefficient. Unlock to view answer. The point where the PPF intersects the horizontal axis is A) unattainable. Explain what it would mean for you to move upward and to the left along your personal PPF. What kinds of adjustments would you have to make in your life to make such a movement along the frontier? The point where the PPF intersects the vertical axis is . All points outside PPF are unattainable (e.g., point Z). 2 apricots. C) 95 apricots. b. attainable and productive efficient. DIFFICULTY: Moderate. ANSWER: b. attainable … The point where the PPF intersects the vertical axis is . Explain what it would mean for you to move upward and to the left along your personal PPF. The point where the PPF intersects the horizontal axis is - 00330929 Tutorials for Question of Finance and Finance The point where the PPF intersects the horizontal axis is a. unattainable. At the intersection of a line and the x-axis, the value of y = 0. x = 4 for all the points on a vertical line - the x coordinate does not change. Video Transcript. Q 14 Q 14. If an economy is operating on its production possibilities frontier (PPF), are there any unemployed resources in the economy? Multiple Choice . Explain how to derive a PPF. 14. If there is an increase in land, labour or capital or an increase in the productivity of these factors, then the PPF curve can shift outwards enabling a better trade-off. 15. POINTS: 1. 15. B) attainable and productive efficient. Consider two points on the PPF: point A, at which there are 10 apples and 20 pears, and point B, at which there are 7 apples and 21 pears. attainable and neither productive efficient nor productive inef - e-eduanswers.com c. attainable but productive inefficient. Correct answer to the question The point where the ppf intersects the vertical axis is: unattainable. Question 10 The point where the PPF intersects the horizontal axis is Selected Answer: attainable and efficient. b. PPF refers to the different combination of goods and services that can be produced efficiently with given resources by a country. to figure out what goes in the blank. Option 3rd "all points on PPF curve" is correct. Notice that there is a point where it intersects or touches the Y axis, and there are a couple of points where intersex or touches the X axis as well. If Δ(h) = area of the triangle PQR, Δ1 = 1/2≤h≤1maxΔ(h) and … 2 apricots. B) 1 orange. We plot the PPF on the diagram in Figure 2.1 "Production Possibilities" with Q C on the horizontal axis and Q W on the vertical axis. Again the y axis is a vertical asymptote. b. attainable and productive efficient. What kinds of adjustments would you have to make in your life to make such a movement along the frontier? Consider two points on the PPF: point A, at which there are 50 oranges and 100 apricots, and point B, at which there are 51 oranges and 98 apricots. b. As a result of an increase in resources that can be used for the production of both goods, the PPF. C) attainable but productive inefficient. Economic Growth. Label the points where the PPF intersects the axes, as well as several other points along the frontier. The equation is easily plotted by following three steps. Make sure to label the values where your PPF intersects the vertical and horizontal axes. c. Under what circumstances would your personal PPF shift outward? c. 98 apricots. B) 1 orange. c. 3 apples. If the economy is currently at point B, the opportunity cost of moving to point A is a. c. attainable but productive inefficient. b. 27. The point where the PPF touches the good-X axis is at 40 units of good X and the point where the PPF touches the good-Y axis is at 60 units. In analytic geometry, using the common convention that the horizontal axis represents a variable x and the vertical axis represents a variable y, a y-intercept or vertical intercept is a point where the graph of a function or relation intersects the y-axis of the coordinate system. Multiple Choice . ANS: B PTS: 1 DIF: Difficulty: Moderate . d. 21 pears. Click hereto get an answer to your question ️ A vertical line passing through the point (h, 0) intersects the ellipse x^2/4 + y^2/3 = 1 at the points P and Q .Let the tangents to the ellipse at P and Q meet at the point R . Answer to 3. Vertical Line: A vertical line is parallel to the y-axis and will only intersect with the x-axis. b. attainable and productive efficient. a. unattainable. b. attainable and productive efficient. Label the points where the PPF intersects the axes, as well as several other points along the frontier. ANSWER: b. Step-by-step solution: Chapter: Problem: FS show all show all steps. Any points inside the PPF represent inefficient usage of the resources, and any points outside the PPF represent that it is not attainable with the available resources. Moving from point A to B, B to C, and C to D, shows a trade-off between military goods and consumer goods. 1 orange. 14. Consider two points on the PPF: Point A, at which there are 10 apples and 20 pears, and point B, at which there are 7 apples and 21 pears. We also notice that the graph cuts neither the x axis nor the y axis. All the resour view the full answer How is the extreme point on the horizontal axis identified? Question 11 Productive efficiency implies that Selected Answer: gains are impossible in one area without losses in another. Such movement is considered an economic growth . attainable and productive efficient. c. attainable but productive inefficient. attainable but productive inefficient. KEY: Bloom's: Comprehension . D) 3 oranges. b. attainable but inefficient. d. 3 oranges. 3 Apples. For example, if the graph of a parabola is plotted and the graph intersects the x-axis on the coordinate plane, the point(s) where the graph intersects the x-axis are the x-intercepts for that function. The PPF is graphically depicted as an arc, with one commodity represented on the X-axis and the other represented on the Y-axis. a. unattainable. C) 98 apricots. attainable and productive efficient. We can try to calculate these points of intersection and see what happens. Ob.attainable But Inefficient. Law of Increasing Opportunity Cost. b. shifts the PPF … b. attainable and productive efficient. attainable and productive efficient. The point where the PPF intersects the vertical axis is. The Point (4,3) has coordinates of x=4 and y=3. Unlock to view answer. So let's say we have something like this. 26. The point where the PPF intersects the vertical axis is a. unattainable. NATIONAL STANDARDS: United States - BUSPROG: Analytic. Consider two points on the PPF: point A, at which there are 50 oranges and 100 apricots, and point B, at which there are 51 oranges and 98 apricots. A vertical line passing through the point `(h, 0)` intersects the ellipse `x^2/4+y^2/3=1` at the points `P` and `Q`.Let the tangents to the ellipse at P and Q meet at `R`. d. attainable and neither productiveefficient nor inefficient. horizontal axis ‘Score on chemistry exam’. Consider two points on the PPF: point A,at which there are 50 oranges and 100 apricots,and point B,at which there are 51 oranges and 98 apricots.If the economy is currently at point B,the opportunity cost of moving to point A is A) 2 apricots. The points at which the PPF intersects the two axes reflect that the only one type of good is produced in the economy. Graph showing increase in PPF. 7 apples. For instance, how is the extreme point on the vertical axis identified? d. attainable and neither productive efficient nor productive inefficient.. A decrease in the quantity of resources a. shifts the PPF leftward. No, because if there were any unemployed resources the economy would be producing below its PPF. Some of our farm fields are being left unused. Q 30 Q 30. The point where the PPF intersects the vertical axis is a. unattainable. C. . Free. An x-intercept is the point where a function intersects the x-axis on a Cartesian coordinate plane. c. attainable but productive inefficient. b. attainable and productive efficient. If the economy is currently at point A, the opportunity cost of moving to point B is a. Similarly, the point where the PPC intersects the horizontal axis shows the amount of goods the economy can produce if we devoted all of our resources to producing goods. c. Under what circumstances would your personal PPF shift outward? Answers: unattainable. Before the Covid crisis, economists considered that the US economy was at “full employment.” Using the PPF model discussed in Chapter 2, it would be most appropriate to represent the pre-Covid US economy as A) a point inside the PPF B) a point outside the PPF C) A point on the PPF D) a point where the PPF intersects the horizontal axis E) a point where the PPF intersects the vertical axis attainable but productive inefficient. Figure 2.1 Production Possibilities. attainable and neither efficient nor inefficient. Free. D) 500 oranges. If a vertical line is drawn through the point (4, 3), at what point will it intersect the x-axis? KEY: Bloom's: Comprehension . As such, these points satisfy x = 0. NAT: BUSPROG: Analytic LOC: DISC: Efficiency and equity . The point where the PPF intersects the vertical axis is. d. attainable and neither productive efficient nor productive inefficient. The point where the PPF intersects the vertical axis is a. unattainable. NAT: BUSPROG: Analytic LOC: DISC: Efficiency and equity . If you spend all ve hours studying for your economics exam, you will score a 95 on the exam; therefore, your production possibilities frontier will intersect the vertical axis at 95. If the economy is currently at point B, the opportunity cost of moving to point A is a. Thus, it shows the amount of services we could have if we devoted all of our resources to producing services. Question: QUESTION 6 See Figure Below: The Point Where The PPF Intersects The Vertical Axis At 1,000 Is Quantity Of Gune (unit) 1.000 [A] ООО BOO IC H 700 600 D 500 Production Per Frontier 400 E 300 200 100 100 200 BOO 400 50O Quantity Of Butter Cone) O A. Attainable & Nieither Efficient Nor Inefficient. On the PPF curve, it is impossible to increase one choice, without causing less production of the other. c. 98 apricots. The point where the PPC intersects the vertical axis is the point on the PPC where we are not producing any goods. 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