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What is a historical example of a point inside the Production Possibility Curve?
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Under what conditions is the production possibilities frontier linear?
under what conditions an econoy would be operating inside its production possibility 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 .
Can massive unemployment shift the production possibility curve inward?
Massive unemployment will shift the PPC to the left because labour force remains underutilized. The economy will produce inside the PPC indicating underutilization of resources.
Why can production take place on or inside the frontier?
This is known as the law of diminishing returns and can occur because factor on the frontier is deemed to be production efficient and production inside frontier.
What does a point inside a production possibilities curve represent?
A point inside a production possibilities curve represents things that can be produced. However, points inside the curve would be less efficient to produce than those points resting directly on the line.
Under what conditions is the production possibilities frontier linear?
under what conditions an econoy would be operating inside its production possibility 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 .
What was the Production Budget for The Devil Inside?
The Production Budget for The Devil Inside was $1,000,000.
What was the Production Budget for The Killer Inside Me?
The Production Budget for The Killer Inside Me was $13,000,000.
What was the Production Budget for Inside Job?
The Production Budget for Inside Job was $2,000,000.
What was the Production Budget for Inside Man?
The Production Budget for Inside Man was $50,000,000.
What was the Production Budget for Inside Deep Throat?
The Production Budget for Inside Deep Throat was $2,000,000.
Can massive unemployment shift the production possibility curve inward?
Massive unemployment will shift the PPC to the left because labour force remains underutilized. The economy will produce inside the PPC indicating underutilization of resources.
Why can production take place on or inside the frontier?
This is known as the law of diminishing returns and can occur because factor on the frontier is deemed to be production efficient and production inside frontier.
What was the budget for Inside Job?
The Production Budget for Inside Job was $2,000,000.
What was the Production Budget for Inside Llewyn Davis?
The Production Budget for The Cotton Club was $48,000,000.
What do the letters D K you inside a box mean?
One possibility is Don't Know.
