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Q: What do points outside of the PPF indicate?
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Where can an economy not produce?

Outside it's PPF.


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.


What does Production Possibilities Frontier represent?

it represents the boundary between the goods that are attainable and unattainable within an economy. Inside and along the ppf means that goods are attainable and outside the ppf menas the goods are unattainable and it thereby shows scarcity


Why is PPF negatively sloped?

why PPF in economics is negatively sloped


When was PPF - company - created?

PPF - company - was created in 1991.


How does the Production Possibility Frontier illustrate scarcity?

Scarcity, on a PPC (PPF) is implied by the bowed (concave-down) shape of the curve, since there is a restriction on how much can be produced and, to get more of something, one must give away something else.


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.


How many points do you get when you hit a target at the shooting range?

It depends. Bullseye targets usually indicate between 10 points for a "x" ring shot to 5 points for shots outside the ring. Some targets don't have point values. Other targets have variouis points depending on how the target is used.