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Use the following graph to address questions 4 and 5 below. Consider a production possibilities curve (PPC) for an economy that produces farm goods and factory goods. It can produce the combinations listed in the table. Notice if the economy produces more farm goods, it will give up factory goods resources.
Point on PPC
Farm goods
Factory goods
b
10
700
c
20
650
e
60
400
f
70
120
Your cousin Jeremy has asked you to bankroll his proposed business painting houses in the summer. He plans to operate the business for 5 years to pay his way through college.
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the us government funds basic research at universities through agencies such as the national science foundation or the
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