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concave=in convex=out
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∙ 15y ago
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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.
Why is the ppf concave to the origin?
because it has increasing opportunity costs
If production set is convex then production function is concave?
correct.
Why demand curve is horizontally curved?
Horizontal
Why is Production Possibility Curve concave to the origin?
I have never heard that the demand curve must be concave. In fact, it is most often modeled as either linear or convex. Common convex specifications include log-linear and constant-elasticity demand functions. A number of empirical papers attempt to estimate the shape of the demand curve for specific products but I am not familiar with anyone concluding that demand is concave generally.
What does convex mean in geography?
In geography, convex refers to a landform or terrain that bulges outward in a rounded or curved shape, often resembling a dome or hill. This term is commonly used to describe features such as mountain peaks or hillsides that curve gently outward.
What is a mirror that is curved?
A mirror that is curved outward is convex. A mirror that is curved inward is concave.
A concave mirror is curved?
inword
Is a square concave?
no because its not curved
Is a concave polygon a regular polygon?
No, a concave polygon cannot be a regular polygon.
What is a mirror or lens that is curved inward is?
concave
What does concave mean?
bent or curved inwards
What are curved mirrors?
Curved mirrors are mirrors that have a spherical side. example - concave and convex.
What shape is a lens?
a shape of a lens is curved outwards and concave one are curved in wards
What is the definition of concave?
The definition of concave is a curved like a segment of the interior of a circle or hollow sphere.
What is a concave mirror?
A concave mirror is curved like the inside of a bowl instead of being flat.
Why inner curved surface is known as Concave mirror?
Inner curved surface is known as concave mirror because inner side of the spherical mirror is polished to reflect the light is called concave mirror,and concave mirror is know because concave mirror converges parallel beam of light.
