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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
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∙ 13y ago
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What tool helps a producer set up an efficient system of production?
a production possibilities frontier graph
Does a production possibilities frontier represent the different choices of trade offs a society faces?
true: thats what possibilities repersents
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
Where would a point of underutilization appear on a product possibilities graph?
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
Does a production possibilities frontier represent the different choices of trade offs a society faces?
true: thats what possibilities repersents
What tool helps producers set up an efficient system of production?
a production possibilities frontier graph
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
In a production possibilities frontier model a point inside the frontier is?
Attainable.
Where would a point of under utilization appear on a production possibilities?
below or to the left of the production possibilities frontier
Country's consumption possibilities frontier can be outside its production possibilities frontier if?
penis, it's wats good for you. fo'sho man.
Where would a point of under utilization appear on a production possibilities graph?
below or to the left of the production possibilities frontier
Producers can use a production possibilities frontier for which of the following purposes?
Producers can use a production possibilities frontier for which of the following purposes?
