Mathematics, 14.02.2022 21:20 maxgeacryne2199
Se the “Production Possibilities and Circular-Flow Diagram” Figure 3-11. Assume the figures represent the same economy.
1.The economy is currently producing at point C. -Define the status of the economy
2.The economy moves from point C to point B. -Define what actions took place in order for the point of production to move from C to B.? Use the Circular Flow to explain your answer.
3. The Market (at point B) now desires to consume more coconuts than fish. How will the market (Free Market) coordinate this movement to a new output position. What are the costs of the move.
4. Will the movement from point B to point A help the country reach its goal of one day producing at point D? What other suggestions do you have for the country to reach an output of point D?
This requires four separate responses.
Answers: 3
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Our star pitcher, foster enlight, can throw a pitch so fast that it gets to the catcher’s mitt before it leaves foster’s fingers! if the team wins a game then the probability that foster was pitching is 0.8 but only if foster had at least one day’s rest since his last pitching assignment. if foster does not have a day off and the team still wins, the probability that foster was pitching drops by half of what it was on the previous day. if the team wins three games in succession from the toronto tachyons and foster pitched in game #2, what is the probability that he pitched in one or more of the other games? (assume that foster did not pitch on the day before the first game of this three game series.)
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Se the “Production Possibilities and Circular-Flow Diagram” Figure 3-11. Assume the figures represen...
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