How might the inflationary flashpoint affect policy decisions? How would you represent the flashpoint on the Phillips curve?

Explanation:

Inflationary flashpoints are the points where the aggregate supply curve experiences a very rapid/sharp increase

The Inflationary Flashpoint can affect policy decisions in ways that it will lead to an increase in unemployment caused by the increase in Inflation, and this will cause the economic policies to become tightened in order to curb the effects of Inflationary flashpoints

The Inflationary flashpoint is represented in the Philips Curve ( relationship between the inflation and unemployment rate ) at the point where Unemployment is lowest in the curve  

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

the correct answer is b.)