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What best explains how using a Production Possibilities Frontier PPF helps set up efficient production?
Wiki User
∙ 7y ago
A PPF shows the maximum amount of goods that can be produced with a given set of inputs.
Wiki User
∙ 7y ago
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What tool helps a producer set up an efficient system of production?
a production possibilities frontier graph
What best states the purpose of using production possibilities frontier?
Setting up efficient production
What line that shows different production possibilities for an economy?
production possibilities frontier
What are the effects of discrimination in the production possibilities frontier?
The effects of discrimination in the production possibilities frontier is that a given business does not fulfill its ful potential.
Where would a point of under utilization appear on a production possibilities?
below or to the left of the production possibilities frontier
What tool helps a producer set up an efficient system of production?
a production possibilities frontier graph
What tool helps producers set up an efficient system of production?
a production possibilities frontier graph
What states the purpose of using the production possibilities frontier?
Setting up efficient production
An economy working below its most efficient production levels?
An economy working below its most efficient production levels points inside the production possibilities frontier. This is in the context of a production possibilities curve.
What best states the purpose of using production possibilities frontier?
Setting up efficient production
What helps a producer set up an efficient system of production?
a production possibilities frontier graph
What tools help a producer set up efficient system of production?
a production possibilities frontier graph
Where would a point of underutilization appear on a product possibilities graph?
below or to the left of the production possibilities frontier
What line that shows different production possibilities for an economy?
production possibilities frontier
What are the effects of discrimination in the production possibilities frontier?
The effects of discrimination in the production possibilities frontier is that a given business does not fulfill its ful potential.
Where would a point of underutilization appear on a production possibilities?
below or to the left of the production possibilities frontier
Where would a point of under utilization appear on a production possibilities?
below or to the left of the production possibilities frontier
