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What does the Production Possibility Frontier of a country represent?
Wiki User
∙ 12y ago
ppf of a counry represents ful emplyment n ful productn of an economy and shows the unlimitd output of gudz n services due to sarcity of resources.
Wiki User
∙ 12y ago
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Effect of net migration on a country's production possibilities frontier?
explain the effect of net migration on a country's production possibilites frontier
How do you illustrate a production possibility frontier?
By using production possibility curve,country is producing both industrial and agricultural product using available resources, technology country operating inside production possibility curve shows the levels underdevelopment, which will be result under utilisation of resources ,poor technology. The country operating outside production possibility curve show the levels of development in economy, however, an economy can produce both industrial and agricultural using the resources available without effecting the production each . A shift from inside to outside it may be result of discovering of new resources, improved technology .
Country's consumption possibilities frontier can be outside its production possibilities frontier if?
penis, it's wats good for you. fo'sho man.
What factors might cause a country to produce at a level below the production possibilities frontier?
blah
A point that lies outside a country's production possibilities curve mean what?
A point that lies outside a country's production possibilities curve means that the country is not able to produce. The possibility curve shows how a country can efficiently produce.
Effect of net migration on a country's production possibilities frontier?
explain the effect of net migration on a country's production possibilites frontier
How do you illustrate a production possibility frontier?
By using production possibility curve,country is producing both industrial and agricultural product using available resources, technology country operating inside production possibility curve shows the levels underdevelopment, which will be result under utilisation of resources ,poor technology. The country operating outside production possibility curve show the levels of development in economy, however, an economy can produce both industrial and agricultural using the resources available without effecting the production each . A shift from inside to outside it may be result of discovering of new resources, improved technology .
When a country is producing at the production possibilities frontier it can be said that the country is operating?
It is operating at full potential.
Country's consumption possibilities frontier can be outside its production possibilities frontier if?
penis, it's wats good for you. fo'sho man.
What factors might cause a country to produce at a level below the production possibilities frontier?
blah
How does Fried rice represent china?
That's the country with the highest rice production
A point that lies outside a country's production possibilities curve mean what?
A point that lies outside a country's production possibilities curve means that the country is not able to produce. The possibility curve shows how a country can efficiently produce.
What new country was called frontier?
There is no "frontier " country. Usually a frontier is an unsettled area that is part of a country.
Why a country may choose to produce below its production possibility curve?
A country may not choose to produce below it's ppc but the situation in that country derive it to do so
What does the word frontier mean?
A Frontier is a part of a country that borders another country.
What is the definition of frontier?
Frontier: The part of a country that borders another country; border; boundary
What may enable an economy to consume a combination of goods outside its production possibility frontier?
An economy(country) can consume outside of its PPF if its starts to trade with another country that also produces all goods. Since these countries may have different comparative advantages in production, they will focus on producing more of one good and export the excess, i.e that which is not consumed or wanted in the own country. The terms of trade will then determine how much of the other good the country can import for the price of the exported good but you will then end up in a situation where you consume more goods than an economy can produce itself.
