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A production possibilities frontier with a bowed outward shape indicates?
A production possibilities frontier with a bowed outward shape indicates an increase in opportunity costs as more and more of one good is produced. Some resources are more specialized towards specific tasks.
Why is ppc bowed out?
hey-- its the law of increasing costs. as you make one thing, your opportunity cost increases because you cannot make the other. therefore, the more of one thing you make, the larger the cost will be because you cannot make the other. therefore, the shape of the production possibilities curve is bowed out.
Along a linear demand curve as the price rises demand becomes more?
elastic
Why does the PPF most goods bowed outward?
The Production Possibility Frontier (PPF) is typically bowed outward due to the principle of increasing opportunity costs. As production of one good increases, resources must be reallocated from the production of another good that may be less suited for that purpose, leading to less efficient resource use. This means that the more you produce of one good, the larger the sacrifice of the other good, hence the PPF's concave shape. This reflects the reality that not all resources are equally adaptable to the production of different goods.
Why platinum is more expensive than diamond?
Platinum is not more expensive than a beautiful, natural diamond.
Which is the more natural occurrence linear or bowed out and tell why?
In nature, linear occurrences are often more common, as many processes tend to follow straight paths due to physical laws, such as gravity or motion. However, bowed-out shapes can also be seen in natural forms, like the curvature of rivers or the growth patterns of plants, which adapt to their environments. The prevalence of each shape depends on the specific context and forces at play, making neither strictly more natural than the other in all scenarios. Ultimately, both linear and bowed-out forms are integral to understanding the complexity of natural phenomena.
When the magnitude of natural disasters increases what does their frequency of occurrence do?
An increase in the magnitude of natural disasters does not necessarily change their frequency of occurrence. However, climate change may lead to more intense natural disasters due to factors like warmer sea surface temperatures, which can potentially increase the frequency of certain types of disasters like hurricanes.
Who to blame for mega fauna extinctions?
One theory is that no one was to blame, it was a natural occurrence. The more commonly accepted theory is that fauna was over harvested by natives.
A production possibilities frontier with a bowed outward shape indicates?
A production possibilities frontier with a bowed outward shape indicates an increase in opportunity costs as more and more of one good is produced. Some resources are more specialized towards specific tasks.
Why is research being done on the behavior and occurrence of lightning?
Lightning is a very interesting natural phenomenon, and is also known as a natural hazard. Knowing more about how, why and where it occurs can aid in both theoretical science and in hazard managament and mitigation.
Why you eat more in winters?
Normal Human Behavior, its only natural, our bodies are designed to prepare for harsher climates but its just a weird occurrence for survival even if it's unnecessary.
Where could a company buy a linear rail?
A company could buy a linear rail at a number of sites and stores. PBC Linear offers linear rails, guides, bearing, and more. Rollon Corporation also offers linear rails and more. Haydon Kerk offers linear rails, actuators and more also.
Which fades faster fruit or vegetable juice?
Both fruits and vegetables give off ethylene gas as they ripen (or break). This natural occurrence, is self perpetuating, in that the more gas that is given off in a given area, the more gas...
What is the definition of Simultaneous Linear Equations?
A system of linear equations is two or more simultaneous linear equations. In mathematics, a system of linear equations (or linear system) is a collection of linear equations involving the same set of variables.
What consists of 2 or more linear inequalities in the same variable?
A system of linear inequalities
What are two or more linear equations using the same variables called?
A system of linear equations.
Why Do you Study linear equations?
we study linear equation in other to know more about quadratic equation
