ZuoTi.Pro
Question

Question 30 (Mandatory) (5 points) Wine D Bread Figure 2-1 Reference: Ref 2-1 Refer to Figure 2-1. An economy is operating at

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Ans. A) C to F

When the economy is operating at the the full employment, the economy will be producing at the production possibility curve. Laying off of workers causes an increase in unemployment and thus the economy moves away from the full employment and hence there would be an adverse change in the production and the economy will move from the production possibility curve to an inside point such as F. Hence, there will be a change from point C to point G.

0 0
Add a comment
Know the answer?
Add Answer to:
Question 30 (Mandatory) (5 points) Wine D Bread Figure 2-1 Reference: Ref 2-1 Refer to Figure...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Question 26 (Mandatory) (5 points) Wine D Bread Figure 2-1 Reference: Ref 2-1 Refer to Figure...

    Question 26 (Mandatory) (5 points) Wine D Bread Figure 2-1 Reference: Ref 2-1 Refer to Figure 2-1. An economy is operating at full employment, and then workers in the bread industry are laid off. This change is portrayed in the movement from: OA) G to F OB) A to B OC C to F OD) B to E

  • Refer to Figure 2-1. An economy is operating at full employment, and then workers in the...

    Refer to Figure 2-1. An economy is operating at full employment, and then workers in the bread industry are laid off. This change is portrayed in the movement from: PPC 1.png ... A E B Wine C G D Bread

  • 13 1 point Bread Figure 1 Refer to Figure 1. An economy is operating at full...

    13 1 point Bread Figure 1 Refer to Figure 1. An economy is operating at full employment, and then workers in the bread industry are laid off. This change is portrayed in the movement from: O A. A to B ○B, B to E C. C to F O D. G to F 1 point

  • B Wine C D Bread Refer to Figure 2-1. The point labeled "E" Represents a scenario...

    B Wine C D Bread Refer to Figure 2-1. The point labeled "E" Represents a scenario that is points A, B, C, and D represent scenarios that are all 9 , and points F and G are scenarios that are

  • 1. Reference: Ref 19-4 (9-4) (Figure: Foreign Trade with a Tariff) Refer to the figure. A...

    1. Reference: Ref 19-4 (9-4) (Figure: Foreign Trade with a Tariff) Refer to the figure. A $1 tariff results in: a. an increase in imports of 80 million units. b. a decrease in imports of 80 million units. c. an increase in imports of 100 million units. d. a decrease in imports of 100 million units. 2. In 1845, French economist Frédéric Bastiat famously compared tariffs to blocking out the sun since both low-priced imports and free sunlight discourage domestic...

  • Question b Figure 5A-1 > on + 5 6 1 2 3 4 Reference: Ref 5A-1...

    Question b Figure 5A-1 > on + 5 6 1 2 3 4 Reference: Ref 5A-1 Refer to Figure 5A-1. If X costs $6 per unit and Y costs $5 per unit, what is the income of this household? A. $25. B. $30 C. $36. O D. Not enough information. O E. None of the above.

  • Figure: The Demand and Supply of Wheat Price (per bushel) D 0 2 4 6 8...

    Figure: The Demand and Supply of Wheat Price (per bushel) D 0 2 4 6 8 10 12 Quantity of wheat (thousands of bushels per period) Reference: Ref 3-6 (Figure: The Demand and Supply of Wheat) Look at the figure The Demand and Supply of Wheat. If a price of $10 temporarily exists in this market, a _ _of bushels will result. shortage: 10,000 shortage; 8,000 surplus; 8,000 surplus; 4,000 (thousands of bottles) 8c 6. 3 3 6 9 12...

  • D Question 5 1 pts Refer to the figure below. A scenario involving "attainable production and...

    D Question 5 1 pts Refer to the figure below. A scenario involving "attainable production and unemployment is! represented graphically by point 15 LA Chairs OHNWAUavo 10 Desks Question 6 1 pts Refer to the figure below. Point Z is currently Chairs ONWAUNO 10 Desks table without cha n ced resources watabi table withom olo with Question 7 1 pts Refer to the figure below. If the economy was operating at full employment and producing 4 desks, it could produce...

  • Question 8 (Mandatory) (5 points) MC ATC AVC 13 MR Price 00 6 4 0 10...

    Question 8 (Mandatory) (5 points) MC ATC AVC 13 MR Price 00 6 4 0 10 15 28 31 20 Quantity Reference: Ref 24-3 In the figure above, to maximize profits or minimize losses the firm should produce units. OA) 15 B) 20 C) 28 OD 10 Question 11 (Mandatory) (5 points) MC ATC AVC 13- MR Price 9 8 A 0 4 10 15 28 20 Quantity Reference: Ref 24-3 In the figure above, the firm A) could make...

  • Philosophers draw a distinction between positive statements, which describe the world as it is, and s,...

    Philosophers draw a distinction between positive statements, which describe the world as it is, and s, which describe how the world should be. O A. normative statement O B. budget constraint O c. Trade-off O D. opportunity cost The economic concept of scarcity means that wants are greater than theresources available to satis those wants: 0 A. Hard to find O B. Expensive O C. Bountiful ○ D· Limited 1 poi 1 point The basic difference between macroeconomics and microeconomics...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT