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Q: What is the implication when ppc being concave?
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How does PPC graph of unemployment looks like?

There is no shift in the PPC.Only a dot is marked within the curve(Not on the curve) in the exact center of the two axes.The shape of the PPC is concave to the origin.


Law of increasing opportunity costs reflected in a PPC is concave to the origin?

The Law of Increasing Opportunity Cost that is shown in a Production Possibilities Curve is concave to the origin. This is because it shows the maximum gain of two products used in production.


Why is ppc concave to origin?

The PPC / PPF is concave to the origin because not all resources are perfectly suited to the production of both goods. This leads to increasing opportunity costs caused by diminishing returns. So as more and more resources are switched from the production of one good to the production of another good, returns diminish. This is the law of diminishing returns. This law is identified by the PPC being concave. As an example, consider production of root beers to mountain bikes. When most workers are making bikes, the few remaining in brewing buisness are the best brewers. If more bikes are to be produced, then the most skilled beer workers have to be shifted to bike manufacturing, thereby affecting the amount to beer significantly. A concave PPF is generally applicable in cases where the production requires specialization and varied raw products (eg. guns and butter as given on wikipedia.) In cases of similar goods, it is generally a straight line, eg. production of cakes and pastries.


What is a concave mirror?

A concave mirror is curved like the inside of a bowl instead of being flat.


Which PPC is right for a preteenager?

There are many versions of the PPC that is right for a preteenager, the best being the HP version. It is highly popular with everyone and is a very durable brand.


What is the implication of to your fellow children?

When you say "to your fellow children", the implication is that the person being addressed is a child. Otherwise, the speaker would not use the term "fellow".


What you call the point when a curve changing from concave upward to concave downward?

The point when a curve changes from concave upward to concave downward is called the inflection point. It is the point where the curve transitions from being curved "upwards" to being curved "downwards" or vice versa. At the inflection point, the rate of change of the curve's curvature changes sign.


Is a jeweller's mirror concave or convex?

concave


What is the opposite of Convex?

The opposite of convex is concave. Concave shapes have an inward curve, while convex shapes have an outward curve.


What is the Specific gravity of ppc?

Specific gravity of ppc is 3.15


When was PPC worldwide created?

PPC worldwide was created in 1942.


When was Ppc Racing created?

Ppc Racing was created in 1993.