Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / What can we say if the economy is operating at point D? unt 20,20 D 20 100 120 40 OD Priva...

What can we say if the economy is operating at point D? unt 20,20 D 20 100 120 40 OD Private sector Boach That there are unemployed resources in this economy That this economy is at full employment

What can we say if the economy is operating at point D? unt 20,20 D 20 100 120 40 OD Private sector Boach That there are unemployed resources in this economy That this economy is at full employment That the government in this economy is running a dent That there is constant opportunity costs in this economy O None of the above Question 13 According to the concept of comparative advantage, a good should be produced in that nation in which O domestic opportunity cost is greatest O domestic opportunity cost is the smallest O money is used O terms of trade are maximized. O None of the above Question 14 John and Mary work at a bakery. John can decorate either 10 ice-cream cakes or 4 wedding cakes: Mary can decorate either & ice-cream cakes or 2 wedding cakes. According to this scenario o the opportunity cost of decorating a wedding cake for Mary is 4 ice-cream cakes. o the opportunity cost of decorating a wedding cake for Mary is 1/4 ice-cream cake. o the opportunity cost of decorating a wedding cake for Mary is 2 1/2 ice-cream cakes. the opportunity cost of decorating a wedding cake for Mary is 2/5 ice-cream cake. There is not enough information to determine the opportunity costs. Question 15 As defined in the videos a market is A place where people buy and sell things O Atool to control the direction of the economy An institution that brings many buyers and sellers together O Graph that plots the actions of buyers and sellers None of the above

PPF 120 100,160 Paint 100 400 Ponta ap {U, DI Pabbi Sector Goudk What can we say if the economy is operating at point D? unt

Apr 12 2021 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions