Consider the following production-possibilities curve: a) Society is employing some of the available technology but not all of it. Select the appropriate point. b) Society is producing some output, but some of the available resources are unemployed. Select the appropriate point. c) Society is producing the maximum potential output, given its existing resources and technology. Select the appropriate point. d) It is not possible for society to produce this combination with current resources and technology. Select the appropriate point. e) Society is not producing either good because of extreme inefficiencies. Select the appropriate point.

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false

Ryan receives an e-mail that states the internet is being cleaned up and that he should leave his computer powered-off for 24 hours after receipt of this message. after careful review of the message contents and verifying the information with the desk he realizes this is: