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What else can I help you with?
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.
How can an economist use a production possibilities graph to express inefficiency?
An economist can use a production possibilities graph to illustrate inefficiency by showing points that lie inside the production possibilities frontier (PPF). These points represent levels of production where resources are not being fully utilized or allocated optimally, indicating that the economy could produce more of one or both goods without sacrificing anything. This visual representation highlights the potential for increasing output and improving economic efficiency. In contrast, points on the frontier represent efficient production levels, while points outside the frontier are unattainable given current resources.
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?
