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How is efficiency attained in the ppf?

Updated: 9/18/2023
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Q: How is efficiency attained in the ppf?
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What is true transformation efficiency?

True transformation efficiency is the transformation efficiency at the saturation point, or essentially the highest transformation efficiency that can be attained.


Why in a production possibilities frontier model a point inside the frontier is attainable?

A PPF is the locus of points such that all the economy's resources are used to its fullest potential. A PPF is concave to the origin because of the increasing opportunity cost to produce an additional unit of x (on the horizontal axes). A point inside the PPF is attainable because (1) there may be no full employment or (2) inspite of full employment they are used to less potential. On the contrary a point outside the PPF is not attainable because the PPF itself is the locus of the maximum attainable output given resources, the PPF may however expand due to increase in resources or their efficiency.


Why is PPF negatively sloped?

why PPF in economics is negatively sloped


When was PPF - company - created?

PPF - company - was created in 1991.


Balance of ppf account?

When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it


What is the difference straight ppf and concave ppf?

If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.


What causes ppf to be a straight line?

when the oppotunity cost is a constant the PPF will be a stright line


What does PFF mean in economics?

You must mean PPF? PPF: Production Possibilities Frontier.


Do company require PPF registration?

No. PPF is a voluntary contribution scheme and company's are not required to register.


What is the journal entry for Provident fund in accounts?

Salary a/c Dr. To employee a/c To ppf a/c ppf a/c (employer)Dr ppf a/c (employee)Dr To bank a/c


What are the three coordination tasks of any economy?

Reaching the PPF, Deciding which point on the PPF, How and how much to distribute to consumers


What does ppf stand for?

Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.