There are 3 questions, answer 3 of them. For the 2nd question, screenshot 2, 3 and 4 are one question.
What are the three core economic questions societies must answer? Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. What to produce? For whom to produce? a How much to produce? 9 Where to produce? a When to produce? Use the graph below to answer the following questions. Assume the economy is currently at PPC1. CD Output of Trucks (per day) Output of Tanks (per day) What is the opportunity cost (in civilian output) of a defense buildup that raises military spending from 6 to 6.8 percent of a(n) $9 trillion economy? Instructions: Enter your response rounded to the nearest whole number. $ |:| billion Instructions: You may select more than one answer. Click the box once to insert a check mark for a correct answer and click twice to empty the box for a wrong answer. a.At which point(s) is this society producing some of each type of output but producing inefficiently? b. At which point(s) is this society producing the most output possible with the available resources and technology? c. At which point(s) is the output combination unattainable with available resources and technology? cl. Which curve best represents the change that would occur if the resources of this society increased? PPC1 to PPCZ PPC' ' PPCS est represents the change that would occur with a huge natural disaster that destroyed 40 percent of production capacity? (Click to select) 3 Instructions: You may select more than one answer. Click the box once to insert a check mark for a correct answer and click twice to empty the box for a wrong answer. a.At which point(s) is this society producing some of each type of output but producing inefficiently? b. At which point(s) is this society producing the most output possible with the available resources and technology? c. At which point(s) is the output combination unattainable with available resources and technology? d. Which curve best represents the change that would occur if the resources of this society increased? (Click to select) C e. Which curve best represents the change that would occur with a huge natural disaster that destroyed 40 percent of production capacity? PPC1 to PPC2 PPC1 to PF'C3