The equation yˆ=105.416x+1249.309 models the amount of money, in dollars, a charity raises during an annual event when x people attend the charity dinner. what does the y-intercept of the equation represent in context of the situation? it costs the charity $105 to host the dinner. if no one came to the dinner, the charity would still raise about $1250. if no one came to the dinner, the charity would still raise about $105. it costs the charity $1250 to host the dinner.

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.