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The Production Possibility Frontier (PPF) is downward sloping because it illustrates the trade-offs between two goods or services that an economy can produce with limited resources. As production of one good increases, resources must be reallocated from the other good, leading to a decrease in its output. This trade-off reflects the opportunity cost of choosing to produce more of one item over another. Thus, the downward slope indicates that to gain more of one good, society must sacrifice some quantity of the other.
What else can I help you with?
The individual demand curve is downward slopping use income and substitution effect to explain?
help me with the answer
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
Why demand curve downward slopping?
The demand curve is plotted with quantity on the horizontal axis and price on the vertical. As the price of a good increases, people will want/be able to purchase less of it. If the price decreases, the quantity people will buy more.
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 does PFF mean in economics?
You must mean PPF? PPF: Production Possibilities Frontier.
The individual demand curve is downward slopping use income and substitution effect to explain?
help me with the answer
What is slopping?
As in what, slopping is normally a word you hear when someone is feeding their pigs… you know slopping the hogs. Anyway in what context are you using the word slopping?
What is a three letter word for slopping site?
The three letter word for a slopping site is STY.
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
When was PPF - company - created?
PPF - company - was created in 1991.
What is slopping roofs?
Sloping=at an angle.
Why demand curve downward slopping?
The demand curve is plotted with quantity on the horizontal axis and price on the vertical. As the price of a good increases, people will want/be able to purchase less of it. If the price decreases, the quantity people will buy more.
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.
