Answer : TRUE most likely :)
the rivalry between students to be the high school valedictorian is an example of
Answer:
competition
Explanation:
The rivalry between students to be the high school valedictorian is an example of competition
Gerry is a chef in a popular restaurant. He has limited time to help prepare for a party. Study the table below, which shows Gerry's production possibilities. Calculate the opportunity cost of going from producing 2 sandwiches to 3 sandwiches. Show your work.
b) Draw a correctly labeled PPC using the data from the table above.
c) Does this PPC indicate increasing, decreasing, or constant opportunity cost? Explain.
d) Think of two goods that might have a constant opportunity cost of production. Draw and label a PPC for them. You do not need to make a table or define specific data quantities on the axes. Label which good is represented on each axis.
e) On your graph from part d, label an efficient and inefficient point of production (two separate points).
Answer:
a) 6 Deserts
b) See Question (b) Answer in the attached graph.
c) Increasing opportunity cost.
b) See Question (d) and (e) Answer in the attached graph.
e) See Question (d) and (e) Answer in the attached graph.
Explanation:
a) Calculate the opportunity cost of going from producing 2 sandwiches to 3 sandwiches. Show your work.
Moving from 2 sandwiches to 3 sandwiches requires moving from 6 Derserts to 0 Derserts
Moving from 2 sandwiches to 3 sandwiches = 3 - 2 = 1 more
Moving from 6 Derserts to 0 Derserts = 6 - 0 = 6 less
Therefore, the opportunity cost of going from producing 2 sandwiches to 3 sandwiches is therefore 6 Derserts that must be sacrificed.
c) Does this PPC indicate increasing, decreasing, or constant opportunity cost? Explain.
The PPC indicates increasing opportunity cost.
The reason is that the PPC is concave to the origin. That is, the PPC is bowed outwards.
This implies that more and more units of Derserts have to be sacrificed in order to produce one additional unit of Sandwiches. It also indicates that more and more units of Derserts have to be sacrificed in order to produce one additional unit of Sandwiches.
From the table for example, going from 0 sandwiches to 1 requires 1 Deserts to be sacrificed, while going from 1 sandwiches to 2 requires 3 Deserts to be sacrificed. This increases more as going from 2 sandwiches to 3 requires 6 Deserts to be sacrificed.
d) Think of two goods that might have a constant opportunity cost of production. Draw and label a PPC for them. You do not need to make a table or define specific data quantities on the axes. Label which good is represented on each axis.
The two goods chosen are oranges and apples.
The two goods have a constant opportunity cost of production because the production of one more unit of orange or apple requires always requires just one units of apple or orange to be sacrificed. That is why the PPC is a straight line.
e) On your graph from part d, label an efficient and inefficient point of production (two separate points).
An efficient point on the PPC is a point at which all the resources have been fully utilized. This is point A under Question (d) and (e) Answer in the attached graph. At this efficient point, no more units of either orange or apple can be produced.
An inefficient point on the PPC is a point at which the resources have not been fully utilized. This is point B under Question (d) and (e) Answer in the attached graph. This point is inefficient more units of either orange or apple or both can still be produced.
It should be noted that the opportunity cost of going from producing 2 sandwiches to 3 sandwiches will be 6 deserts.
The production possibility curve illustrates an increasing opportunity cost. This illustrates that the curve is concave to the origin. This means that more deserts will be sacrificed to produce an additional unit of sandwich.
The two goods that might have a constant opportunity cost of production are oranges and apples. In this case, the production possibility curve will be a straight line.
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Which of these is one way that the environment can affect your physical health?
A.More homework to do for school makes relaxing difficult.
B.Avoiding smoking and drinking makes going outdoors difficult.
C.Fewer outdoor places to be with friends makes friendships difficult.
D.Poor air quality makes breathing difficult.
THIS IS FOR SOMEONE THAT NEEDS POINTSÂ
Answer:
D. Poor air quality makes breathing difficult
Explanation:
If the following words were arranged to make the best sentence, with what letter would the fifth word begin? YARDS IS A TEN HUNDRED TO POSSIBLE SECONDS IN RUN IT
r
a
s
t
h
The correct answer was "It is possible to run ten yards in a hundred seconds . The correct answer is "r"
Answer:
It is possible to R un ten yards in a hundred seconds.
Explanation:
Why do people keep gambling i they know that the probability of them winning is very low?
Because out of that very low chance of winning there a 30 you can win
Elizabeth determining the project's budget would
occur in which of the following phases?
a.) Phase 4
b.) Phase 1
c.) Phase 2
d.) Phase 3
Answer:
Phase 1
Explanation:
1a. Phase One: Beginning a Project
This is the kickoff phase of the project, and it's where the project manager is assigned and begins work. This is also where the stakeholders are identified and the project scope and project deliverables are defined. This might happen before the project manager Is assigned, but often the project manager is part of this process.
Once the scope is known, then it's time to create the first estimates for the schedule, budget, and what resources are needed to complete the work. When this phase is complete, all stakeholders should agree that the project can proceed.
Elizabeth determining the project's budget would occur in phase two.
What is a budget?It should be noted that a budget simply means a financial estimate of the revenue and the expenditure for a particular period.
In this case, Elizabeth determining the project's budget would occur in phases two.
Therefore, the correct option is C.
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