1. What oversimplified assumption does the graph make about number of types of products the society produces?

2. If the society decides to make 14,000 light bulbs, how many sets of flatware can it make?

3. What is the opportunity cost of increasing the number of light bulbs produced from
14,000 to 18,000?

4. Mashone tass a point on the graph that shows efficiency.

5. Marisaad label a point on the graph that shows underutilization of resources.

6. If new technology made it easier to sell and distribute all sorts of housewares, including lightbulbs and flatware, what would happen to the curve?

Answers

Answer 1

1. The graph adopts the naive premise that society only produces two categories of goods: sets of flatware and light bulbs.

2. The society can produce 4,000 sets of flatware if it decides to produce 14,000 light bulbs (as indicated by the slope of the production possibilities curve at that point).

3. The opportunity cost of increasing the number of light bulbs produced from 14,000 to 18,000 is the loss of 2,000 sets of flatware.

4. Efficiency is represented as the point on the graph where society is producing relative to the production possibilities curve, not within or outside of it.

5. The point on the graph that shows underutilization of resources would be inside the production possibilities curve, meaning that the society is not producing at its maximum potential.

6. If new technology made it easier to sell and distribute all sorts of housewares, including lightbulbs and flatware, the production possibilities curve would shift outward, indicating that the society is now able to produce more of both goods with the same resources.

What is opportunity cost?

The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. More precisely, it implies that by choosing one activity, you forfeit the chance to engage in a different one.

In economics, the word "opportunity cost" refers to the benefits that are forgone while selecting one course of action over another.

Learn more about opportunity cost on:

https://brainly.com/question/481029

#SPJ1

Related Questions

What are some aspects of guatemalan culture that are different from us culture according to what you observed in the movie?

Answers

Guatemala's culture is rich and unique, with a blend of Spanish and indigenous influences. Guatemalans value honesty, family, honor, work, and education. Most Guatemalans are amiable and want to find humor in most situations.

Guatemala is best known for its volcanic landscape, fascinating Mayan culture and the colorful colonial city of Antigua, a UNESCO World Heritage Site. But this little Central American country is rich in local produce and talent. Here are 11 amazing things that Guatemala probably didn't know how to give to the world.

Guatemala is a multi-ethnic, multi-lingual country, the country is divided into four "cultures" with 25 "ethnic groups", the four cultures are Maya, Radina, Sinka (Sinka), and Garifuna.

American culture includes both conservative and liberal elements, scientific and religious competition, political structure, risk-taking and free speech, and materialistic and moral elements.

Learn more about Guatemalan culture here: https://brainly.com/question/23487648

#SPJ1

What is the core of Traditional Chinese culture?

Answers

Answer:

The Chinese traditional cultural values of harmony, benevolence, righteousness, courtesy, wisdom, honesty, loyalty, and filial piety are embodied in China's diplomacy through the concept of harmony, the most important Chinese traditional value.

Explanation:

THANK YOU

Which generalization can be made about the rise of Latin American nations?
a.
Spain gradually gave up control of its Latin American colonies.
b.
New Latin American republics had little difficulty achieving democratic rule.
c.
Under Spanish rule, Native Americans generally had equal rights and opportunities.
d.
Spanish colonies generally had to win independence through revolution.

Answers

The generalization deduced from rise of Latin American nations was that Spanish colonies generally had to win independence through revolution.

What is a generalization?

This refers to the general statement/concept that is obtained by inference from specific cases.

Hence, we can deduced from rise of Latin American nations that Spanish colonies generally had to win independence through revolution.

Therefore, the Option D is correct.

Answers

The characteristic of rule of law tha was violated in this situation is the transparency of institutions.

What is rule of law?

This means that a nation should be governed by set and solid laws as opposed to the arbitrary decisions of the leader.

In this case, the leaders weren't transparent in their dealings.

Learn more about law on:

brainly.com/question/820417

#SPJ1

Why was the slaving system economically damaging for middle-class british industrialists and business owners?

Answers

Answer:

It was unfair to compete with business using slave labor.

Explanation:

Which headline describes an action most likely to have a positive effect on a presidential candidate's campaign?
000 0
a Campaign opinion polls fall for presidential candidate
Ob
Interest group criticizes presidential candidate's record
Presidential debate schedule announced for upcoming campaign
Od Presidential candidate raises record amount of campaign funds
O c

Answers

The option that would most likely bring about positivity in the presidential candidate's campaign would be Presidential candidate raises record amount of campaign funds.

What is a campaign?

Campaign is the period that hold before the general election of the place. The period is marked with certain activities that helps to increase the base of the person that is vying for a certain position in the government.

The increase or raise in the campaign fund is a positive development that would help the campaign to go smoother. It would provide them with all that they need during the period of the campaign.

Read more on campaign here: https://brainly.com/question/25819380

#SPJ1

In the 1870s, African Americans served in political offices, including the U.S. House of Representatives and the U.S. Senate, under the Republican political party during Reconstruction.

Answers

In the 1870s, African Americans served in political offices, including the U.S. House of Representatives and the U.S. Senate, under the Republican political party during the Reconstruction true.

Almost a century after Hyrum Levels and Blanche Bruce served as US Senators during reconstruction in 1967, Edward Brooke, Massachusetts became the first African-American Senator to be elected by general vote. 4,444. In the southern states, he has 4,444 people.

In the post-Civil War reconstruction era, newly liberated African Americans established their own homes, cultivated their lands, and established community institutions and churches during times of ethnic violence. Faced the big challenge of achieving equal justice under the law.

Learn more about African Americans here: https://brainly.com/question/24840268

#SPJ4

True, In the 1870s, African Americans served in political offices, including the U.S. House of Representatives and the U.S. Senate, under the Republican political party during the Reconstruction.

As per the constitution, the U.S. residence of Representatives makes and passes federal laws. The house is certainly one of Congress's two chambers (the opposite is the U.S. Senate) and a part of the federal government's legislative department.

The USA residence of Representatives, commonly referred to as the residence, is the decrease chamber of the united states Congress, with the Senate being the upper chamber. collectively they compose the country-wide bicameral legislature of the united states.

Individuals of the House of Representatives serve -yr phrases and are considered for reelection every even yr. Senators, however, serve six-yr phrases and elections to the Senate are staggered over even years in order that best about 1/three of the Senate is up for reelection in the course of any election.

Learn more about the. House of Representatives here https://brainly.com/question/24858397

#SPJ4

All images used in a technical document require a?

Answers

u need to add the images

Answer:

Image or graphic

Hope this helps! xx

The above chart shows possible steps to take when starting a political campaign. Which of the four processes show the steps in the BEST order? A. process A B. process B C. process C D. process D Please select the best answer from the choices provided A B C D

Answers

The above chart shows possible steps to take when starting a political campaign. The best order is processed D. Option D . This is further explained below.

What is a campaign?

Generally, a well-planned path to follow in order to accomplish anything.

In conclusion,The chart presented above provides an overview of the many actions that may be taken while launching a political campaign. Process D is the one that should come first.

Answers

False, Prehistoric Native Americans were not comprised of many groups of Homo, including Neanderthals, Denisovans, and Homo floresiensis.

Who are Prehistoric Native Americans?

During the last glacial events of the late Pleistocene epoch, Paleo-Indians, Paleoindians, or Paleo-Americans were the first peoples to enter and later settle the Americas. The prefix "paleo-" is derived from the Greek adverb palaios (), which denotes age or antiquity.

Who was the first Native American in America?

The earliest ancestors of Native Americans are known as Paleo-Indians. They shared certain cultural traits with their Asian contemporaries, such as the use of fire and domesticated dogs; they do not seem to have used other Old World technologies such as grazing animals, domesticated plants, and the wheel.

Learn more about Prehistoric Native Americans: https://brainly.com/question/8326005

#SPJ4

What was significant about the battle of shiloh in the revolutionary war? Please help asap

Answers

The Battle of Shiloh was crucial in the Revolutionary War. The significance it had was that although both sides of the war claimed victory, the Union technically had a more major win over the Confederacy because they took control of the Mississippi River, and that split the Confederacy in half overall. The Union fought hard, the Battle of Shiloh was one of their first major victories, and this sparked confidence within the Union troops and motivated the troops to work even harder. This paid off by the end of the Civil War when the Union conquered the majority of the South and devastated the economy in the name of slavery abolition. If you need help understanding better, let me know and I will gladly assist you.

Which of the following was formed by the
radical socialists who wanted to
protect France
from the threat of a monarchy? (They would
only stay in power for 2 months.)
A. Third Republic
B. Paris Commune
C. Second Empire

Answers

B
You can see by the name

Franklin Delano Roosevelt (FDR) and Martin Luther King Jr. were ________ leaders. They inspired others with a new vision of how society could be and led the changes to reach their goals.

Answers

Franklin Delano Roosevelt (FDR) and Martin Luther King Jr. were transformational leaders because they inspired others with a new vision of how society could be and led the changes to reach their goals.

Who was Martin Luther king

Martin Luther King Jr. was an American Baptist minister and activist who became the most visible spokesman and leader in the civil rights movement from 1955 until his assassination in 1968.

Martin Luther King Jr and Franklin Roosevelt are considered transformational leaders because of their exceptional leadership roles in America.

learn more about Martin Luther King Jr at https://brainly.com/question/17746240

#SPJ1

3.1.3 Journal: Write Your Own Big-Picture Narrative
World History Sem 2
Points Possible:10

Answers

My big picture narrative is focused on the Classical Era.

What was the Classical Era about?

The Classical Era was known to have exist between 600 BCE to 600 CE and it was one that was made up of a lot of development of the world belief systems.

In ancient China, the timeframe or Era of Warring states as said to have brought the increase in influential philosophers such as Confucianism, Daoism, and also that of Legalism.

In India, there was also the teachings of Siddhartha, the Buddha, as well as others that has challenged the presence of inequalities linked with Hinduism.

An example of some of key turning points in the Classical Era was the rise of influential philosophers whose teachings have influence the world today.

Learn more about Classical Era from

https://brainly.com/question/1686105

#SPJ1

How does what has happened in the last 12 years in the presidential and gubernatorial elections feed into 2022?
Might it not feed into 2022? Do you see 2022 as a unique election cycle? Why or why not?

Answers

Two types of elections that are conducted in a democratic country are:

Gubernatorial electionsPresidential elections

What is an Election?

This refers to the voting by the registered citizens of a country for their preferred candidates that would represent their interest in government.

Hence, we can see that past elections can signal a hint of what future elections would look like, and if an election is marred by irregularities and the electoral body has yet to fix the issues, it can repeat itself.

Therefore, peaceful and credible elections are important for the continuity of a representative government.

Answers

Answer:

Andrew Jackson

Explanation:

Answer:

The political leader that supported the Indian Removal Act was president Andrew Jackson.

Explanation:

hope this helps!!

The conquistadors were driven primarily by?

Answers

Answer:

The conquistadors were driven primarily by the desire for gold

Who were the Conquistadors?

In the 16th century, the Spanish crown paid mercenary warriors known as conquistadors to conquer and colonize Mexico, Central America, and South America. Remember that not all conquistadors were Spanish or Portuguese and that they were not regular troops. Some of them were Greek, German, and even Italian. The condottieri in the Italian republics would be an analogous historical entity. Many of the conquistadors were from lowly aristocratic families, and their journeys were private endeavors. Many of them had to provide their own equipment because they lacked official military training (although others had been in the military before).

There were many notable conquistadors and explorers, but Hernán Cortés and his cousin Francisco Pizarro from Extremadura were the most well-known.

#SPJ1

Why would a craftsperson join a guild? to be elected a town leader to acquire a competent apprentice to ensure consistent quality standards to become a member of the middle class

Answers

A craftsperson would join a guild to ensure consistent quality standards.

What is a guild?

A guild refers to association of craftsmen or merchants who are in the same line of business in order to protect common interest.

It is to be noted that craftsmen align to a guild to protect their common interests and trade or craft secrets.

Learn more about craftsperson here : https://brainly.com/question/6658251

#SPJ1

Answer:

Explanation:

Describe how the popular music of the 1950's (ie. country music, jazz and rock and roll) affected to film scores of the time. use specific examples.

Answers

American society through influencing own family lives, teenage behavior, and the civil rights movement.

Within the 1950's a particular fashion of music called Rock 'n,' Roll affected American society through influencing own family lives, teenage conduct, and the civil rights movement. This decade helped to steer the entirety that we listen to on the radio these days. Rock 'n' Roll, motivated the tradition and meditated its adjustments.

Elvis Presley brought rock-and-roll Music to the loads all through the Fifties with hits inclusive of "Love Me smooth" and "Heartbreak lodge." Rock and roll sent shockwaves across the USA. A generation of young teenagers collectively rebelled against the tune their parents loved.

The music rating heightens the film's emotion, developing an aural mood for each scene, along with sound consequences and speech. The movie's composer writes the unique rating, often with the help of an orchestrator.

In the 1950s and 60s, the mass migration of African Americans out of the South persevered. Black sharecroppers got here North for commercial jobs, and they added their music with them. This migration had an outstanding impact on blues, jazz, R&B, and rock-n-roll.

Learn more about music here: https://brainly.com/question/26373912

#SPJ4

What is the role of the legislative branch for the supreme court judge nominations

Answers

Answer: The President nominates someone for a vacancy on the Court and the Senate votes to confirm the nominee, which requires a simple majority. In this way, both the Executive and Legislative Branches of the federal government have a voice in the composition of the Supreme Court.

4. In 2010, Randy Terrill, a state representative from Oklahoma, offered bribe to a state senator
O get her to leave her office. After an investigation, a judge decided that there was enough
evidence that Terrill had violated the law, and he was tried in court. In 2013. Terrill was convicted
of bribery and sentenced to one year in prison.
Explain which constitutional principle this scenario illustrates. What evidence led you to that
conclusion? (1 point)

Answers

The constitutional principle that this scenario illustrates is known as the principle of republicanism and the evidence that led to the conclusion was that the principle means a representative government.

What is the principle of republicanism?

This refers to the governmental theory that emphasizes the participation of citizens for the common good of the community.

The accepting of Bribery as a grant or acceptance of a benefit is in violation of entrusted power and thus, is illegal throughout the United States and both the Federal and state authorities share enforcement power over bribery.

Because Terrill was convicted of bribery and sentenced to one year in prison, the constitutional principle that this scenario illustrates is known as the principle of republicanism and the evidence that led to the conclusion was that the principle means a representative government.

Answers

Answer:

Wages

All media

it depends on the school on how it describes socialism, my school say its mainly wages and media,

Explanation:

What was the result of the British attempt to capture fort Duquesne

Answers

Answer:

during fighting time captain of british will to capture for selling element like gold copperetc

how did the english come in possecion of new york

Answers

Answer:

Before New York was possessed by the English, it was controlled by the Dutch. Under Dutch rule, this territory was actually called New Amsterdam.

New York gained possession of this territory after Dutch Governor Peter Stuyvesant surrendered it to the English army. There was very little resistance when this territory was surrendered in 1664, as Stuyvesant was an unpopular Dutch ruler and lacked the support need to keep England from taking over this territory.

Explanation:

Hope this helped!!

In what ways did the compromise of 1850 affect enslavement laws? select three answers. kansas is admitted to the union as pro-enslavement state. california is admitted to the union as anti-enslavement state. federal laws allow enforced enslavement in the kansas territory. the fugitive slave act demands the arrest of those who escaped enslavement.

Answers

Three ways in which the compromise of 1850 affect enslavement laws:

(A) Kansas is admitted to the union as a pro-enslavement state.

(B) California is admitted to the union as an anti-enslavement state.

(D) The fugitive slave act demands the arrest of those who escaped enslavement.

The compromise of 1850:The 1850 Compromise served as a brief truce on the issue of slavery, addressing particularly the status of newly acquired territory following the Mexican-American War.California was admitted to the Union as a free state under the Compromise; the slave trade was outlawed in Washington, D.C.Strict new Fugitive Slave Act compelled citizens of free states to assist in the capture of enslaved people, and the new territories of Utah and New Mexico would allow white residents to decide whether to allow slavery.The Compromise, in the end, did not resolve the question of slavery's extension; instead, the heated rhetoric surrounding the Compromise further alienated the North and South.

Therefore, three ways in which the compromise of 1850 affect enslavement laws:

(A) Kansas is admitted to the union as a pro-enslavement state.

(B) California is admitted to the union as an anti-enslavement state.

(D) The fugitive slave act demands the arrest of those who escaped enslavement.

Know more about The compromise of 1850 here:

https://brainly.com/question/8165267

#SPJ4

Complete question:

In what ways did the compromise of 1850 affect enslavement laws?

select three answers.

(A) kansas is admitted to the union as a pro-enslavement state.

(B) California is admitted to the union as an anti-enslavement state.

(D) the fugitive slave act demands the arrest of those who escaped enslavement.

Identify the most prominent characteristic of each government during the 1920s and 1930s.

Answers

Answer:

Japan was expansionist, imperialist and mostly run by the military.

In Germany, we see the rise of the Nazi Party, which gained its first minister in 1930.

Soviet Union was a huge communist country. Which means that everything in the country belonged to the government.

In Spain, Primo de Rivera was forced to resign in 1930 and the King, Alfonso XIII, called for elections to be held in a democratic fashion, opening a way to the Second Republic

please give me brainliest

The movements of the 1960s challenged the 1950s understanding of freedom, which had been linked to the cold war abroad and to consumer choice at home. true or false

Answers

True, the movements of the 1960s challenged the 1950s understanding of freedom, which had been linked to the cold war abroad and to consumer choice at home.

Freedom is understood to mean either the ability to act or change freely, or to have the power and resources to carry out one's goals unimpeded.

Freedom is defined by Merriam Webster as the quality or state of freedom. B.: Lack of necessity, coercion or constraint in choice or action. Liberation from slavery and the power of others.

Technically, freedom means "the power or right to act, speak, or think as you please without hindrance or inhibition," but here in the United States it means much more. For Americans and those who live here, freedom is the right to be yourself.

Learn more about freedom here:https://brainly.com/question/13273450

#SPJ4

Why did the framers of the constitution create a presidency with very few explicit powers?

Answers

The framers of the constitution went ahead to create a presidency with very few or little explicit powers because they wanted to prevent creating an office that has too much power.

What is explicit powers?

Explicit power was the power that was given to the United states of American government.

Hence, framers of the constitution went ahead to create a presidency with very few or little explicit powers because they wanted to prevent creating an office that has too much power.

Learn more about Explicit power here:https://brainly.com/question/14786498

#SPJ1

Which action is an example of anti-Semitism

Answers

Answer:

Antisemitism is hostility to, prejudice towards, or discrimination against Jews.

Explanation:

holocaust

Answer: Claiming Jewish business owners have damaged the economy

Explanation: I got it correct

Why is Mr. Trudeau a shrimp?

Answers

Mr. Trudeau is shrimp because of exiling all non-Russians

What is shrimp?

A shrimp is someone or a nation is considered as being small of important people.

This goes to say that a. place which has few numbers of individuals who are outstanding or important, it can be described as a shrimp environment

In conclusion, Mr. Trudeau is shrimp because of exiling all non-Russians

Learn more about small nations:

https://brainly.com/question/12317511

#SPJ1

Other Questions

you are standing 10 feet from the base of a tree. the angle of elevation to the top of the tree is 70 degrees. what is the height of the tree What is a key similarity between the accounts presented in the primary source article? Little Things Are Big Guiding Questions8. How do your concerns about how others might perceive you affect your actions? Write a sine function that has an amplitude of 2, a midline of 4 and a period of 2/3 When ADP accumulates, what is the effect on the rate of metabolic chemical reactions?Speeds them upSlows them downHas no effect Is it possible to have a triangle with the following sides 6cm 7cm 2cm? Select the single best answer. Predict the shape of XeF3+. a. tetrahedral b. seesaw c. T-shaped d. trigonal pyramidal e. trigonal planar f. trigonal bipyramidal The measures of the interior angles of a convex octagon are 45x,40x, 155, 120, 155, 38x, 158x, and 41x. What is the measure of the smallest interior angle Find the vale of :sin 1230 Two women in an office. The woman on the left sits behind the desk and holds up a paper. The woman on the right sits in front of the desk and holds her purse. They are both wearing business clothing.Which form of human communication is depicted in the image above?a.Computer-mediated Communicationb.Interviewingc.Intrapersonal Communicationd.Small group Communication Multiple Choice2. Which of the following quotes from "My Father Writes to My Mother" best supports theresponse selected above? Simon's photo album has 8 photos of his car and some photos of his motorbikeHe replaced some of the photos of his motorbike with some more photos of his car.The number of photos of his car became 12. The ratio of the number of photos of his car to his motorbike became 3:5. How many photos of Simon's bike was there in the album ORGINALLY? How have foreign affairs shaped or influenced modern American society? What is the length of the long leg of a 30 60 90 triangle? What are two characteristics of an effective argument? 1. Which of the following rights did women have in ancient Rome?A. They could own property.B. They could run for senator.C. They could serve in the military.D. They could speak in public forums. R varies directly with S and inversely with T. When s=5 and T=100, R=45. find the exact value of R when S= 13 and T=63 What was Mr Utterson's overwhelming impression of Mr Hyde on meeting him? Which of the following would most likely be associated with risk-taking behaviors? 2. Identify at least two instances where Steinbeck uses figurativelanguage in his account. Describe the effect the figurative languagehas.