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What factors that would shift the production possibility curve inward or outward?
Wiki User
∙ 14y ago
An outward shift would result when there is an improvement in technology that would benefit both types of goods. An increase in the workforce which would result in mor factor resources being exploited. An improvment in productivity and effeciency in goods production.
An inward shift would result when there is unemployed resources or when the economy uses resources inefficiently
Wiki User
∙ 14y ago
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Explain what shift the product possibility frontier outward and what shift is inward?
economic growth, will shift the PPF outward, because the income will increase.
What is it that causes a production possibilities curve to shift outward or inward?
Improvement of management efficiency.
What is wages inward and outward?
wage inward is a direct expense shown in Trading Account whereas wage outward is an indirect nature of expense debited to Profit & loss account.
Inward and outward looking trade policies?
Inward looking means self sufficient i.e producing goods sufficient to their country less imports. outward looking means increase in exports.
What is difference between inward LC and outward LC?
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
Explain what shift the product possibility frontier outward and what shift is inward?
economic growth, will shift the PPF outward, because the income will increase.
What is it that causes a production possibilities curve to shift outward or inward?
Improvement of management efficiency.
Does centrifuge fling things outward or inward?
Outward
Does low pressure move inward or outward?
Inward!
Do low pressure systems move inward or outward?
inward
Difference between concave and convex in the dark?
concave is inward, convex is outward concave is inward, convex is outward
In northern hemisphere winds blow inward or outward?
outward
Do yaw bearings theeth point outward or inward?
Outward
Do classroom doors typically swing inward or outward?
outward i think.....
What is an inward invoice and an outward invoice?
An "inward" is one you receive that you need to pay. An "outward" is one you prepare and send to someone to pay you.
Is centripetal force a outward force?
No; "centripetal" implies an inward force.
What are benefits of outward and inward linkages?
yes
