The function y=16500/x + 1020x /x models my the average annual cost in dollars of owning a car for x years. which statement best explains why the graph of y=16500/x + 1020x/x should have a vertical asymptote at x=0? a. the value of the car describes over time. b. the value of the car will never dip below $0. c. the time the car is owned is greater than 0. d. the initial cost of the car is greater than $0.

1. an economy consists of three workers: larry, moe, and curly. each works 10 hours a day and can produce two services: mowing lawns and washing cars. in an hour, larry can either mow one lawn or wash one car; moe can either mow one lawn or wash two cars; and curly can either mow two lawns or wash one car. a. calculate how much of each service is produced under the following circumstances: a. all three spend all their time mowing lawns. b. all three spend all their time washing cars. c. all three spend half their time on each activity d. larry spends half of his time on each activity, while moe only washes cars and curly only mows lawns b. using your answers to part a, draw a production possibilities frontier and label points a, b, c, and d on your graph. explain why the production possibilities frontier has the shape it does. c. are any of the allocations calculated in part a inefficient? explain.