A construction company plans to build a certain number of apartment buildings and stores on a piece of land. This PPC shows the combination of projects it can build
1) If the amount of land available to the company increases, the PPC will _____.
a) Shift to the left
b) Shift to the right
c) remain unchained
2) The company realizes it cannot construct any buildings on a portion of the land because it is at risk of a cave-in. In this case, the PPC will _____.
a) Shift to the left
b) Shift to the right
c) remain unchained

Answers

Answer 1
1)B. Because they have more land now
2)A. Because they have less land now
Shifts right means more supply or demand while left means less
Answer 2

Answer:

1) B

2) A

Explanation:

Production possibility curves (PPC) shows the combination of two commodities that can be made given a certain amount of resources.  

1)  In statement 1, since the land available has increased the company can make more of BOTH apartments and stores. In this case the amount of resource (land) has increased causing the PPC to shift to the right.

2)  Contrary to statement 1, a portion of land is now unusable. Hence it can’t be used to make either apartments or stores on it, at all. The reduction in resource (land) has reduced the amount of BOTH apartments and stores that can be made, causing the PPC to shift to the left.


Related Questions

Read the excerpt below and answer the question.

Nothing pleased Nwoye now more than to be sent for by his mother or another of his father’s wives to do one of the difficult and masculine tasks in the home, like splitting wood, or pounding food. On receiving such a message through a younger brother or sister, Nwoye would feign annoyance and grumble about women and their troubles.

Why does Nwoye “feign annoyance and grumble about women and their troubles” when asked to perform tasks that he is pleased to do?

He is worried they will ask him to perform harder tasks.
He is insulted that they would ask him to do women’s work.
He is imitating his father Okonkwo.
He is imitating his brother Ikemefuna.

Answers

he is insulted that they would ask him to do womans work

he would rather be doing more masculine stuff rather than sitting around all day with the woman

A company sells each product they make for $90.00. They pay $2,700.00 in monthly costs such as rent and bills as well as $75.00 in manufacturing costs per unit.Which of the equations below gives P, the company's profit per month, as a function of x, the number of units made.

Answers

Answer:

P = 25x - 2700

Explanation:

Answer:

P = 15x - 2700

Explanation:

All points to the
of zero on a horizontal number line are negative

Answers

Answer:

Left

Explanation:

A number line's numbers are in numerical order. Negatives numbers are less than zero, while positive numbers are greater than zero. Since the number line is in numerical number, it's least to greatest. Therefore, the answer is left.

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