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What is the MPN curve How is the MPN curve related to the production function?
What is MPN product description for an ipod touch?
What are the other names for production possibility boundary?
other names for production possibility boundary are: production possibility curve production possibility frontier transformation curve.
What are the other names for production possibility curve?
other names for production possibility curve are: production possibility boundary production possibility frontier transformation curve.
What is an engineering cost curve and what is the relevance of an engineering cost curve in economics?
The engineering cost curve are derived with the help of engineering production function . The productionfunction specified the techniques of production, the embodiment of labor and capital etc. It means that each production method is divided into sub activities corresponding to the various physical and technical phases of production for the particular commodity. Engineering production method/function are characterised by a limited number of methods of production. The production iso-quants are kinked reflecting that the factor subsititutablity is limited. It means that the factor of production can be substituted is only possible at kinked of iso-quants.
What was the Production Budget for Trouble with the Curve?
The Production Budget for Trouble with the Curve was $60,000,000.
What is the Importance of production possibility curve?
Importance of production possibility curve in allocation resources
Where on a production possibilities curve the economy working at its most efficient production levels?
Any point on the PPC curve
Is the graph of a curve a function?
The graph if a function can be a curve, but it can also be any one of a ton of other shapes.
How is an immediate effect of an increase in unemployment illustrated on production possibility curve diagram?
a movement of the production point closer to the curve
How does production possibilities curve differ from production possibilities frontier?
the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.
Is the outward curve of the production possibilities curve good or bad?
it really good
How do you convert a sine curve function to a cosine curve function?
One way is to shift it to the left by a quarter of the period.
