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What happens to the PPF when there is an increase in resources?
An increase in resources, such as a growth in the labor supply or in the capital stock, shifts the frontier outward.
Explain what shift the product possibility frontier outward and what shift is inward?
economic growth, will shift the PPF outward, because the income will increase.
Increases in resources or improvements in technology will cause the production possibilities frontier to?
shift outward
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.
What is Production possibilities frontier in the economy shifts outward does it follow that per-captia output will rise?
The production possibilities frontier (PPF) is a curve that shows how much output of good X a country can produce at the expense of the production of good Y. A country that has a comparitave advantage over good X should produce more of it at the expense of a reduction in production of good Y. (Going to add more to this question later... Mobeen Iqbal, Bahrain) 1. Yes, If the PPF shifts outward, it means there is more output 2. No, because when the PPF shifts outward, and there is greater output, the population always rises by a greater percentage thant the rise of the output. 3. Not necessarily, First, it depends on whether or not htte capacity to produce mroe output is realized. Then, it depends on the percentage rise in output relative to percentage rise in the population. 4. Not nessarily, First, it depends on whether or not the capacity to produce more output is realized. Then, it depends on the percentage rise in output relative to ther percentage rise in income I am not sure which it is?
What happens to the PPF when there is an increase in resources?
An increase in resources, such as a growth in the labor supply or in the capital stock, shifts the frontier outward.
Explain what shift the product possibility frontier outward and what shift is inward?
economic growth, will shift the PPF outward, because the income will increase.
Increases in resources or improvements in technology will cause the production possibilities frontier to?
shift outward
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.
What is Production possibilities frontier in the economy shifts outward does it follow that per-captia output will rise?
The production possibilities frontier (PPF) is a curve that shows how much output of good X a country can produce at the expense of the production of good Y. A country that has a comparitave advantage over good X should produce more of it at the expense of a reduction in production of good Y. (Going to add more to this question later... Mobeen Iqbal, Bahrain) 1. Yes, If the PPF shifts outward, it means there is more output 2. No, because when the PPF shifts outward, and there is greater output, the population always rises by a greater percentage thant the rise of the output. 3. Not necessarily, First, it depends on whether or not htte capacity to produce mroe output is realized. Then, it depends on the percentage rise in output relative to percentage rise in the population. 4. Not nessarily, First, it depends on whether or not the capacity to produce more output is realized. Then, it depends on the percentage rise in output relative to ther percentage rise in income I am not sure which it is?
The aim of art is to represent not the outward appearance of things but their outward signficance mean?
anatomy
Will economic growth necessarily involve a parallel outward shift of the production possibility curve?
Any time the PPC curve shifts outward it indicates economic growth, however reaching a point outside of an PPC can be reached by using trade.
What does outward mean in latin?
ecto
What does outward mean?
Visible/exterior.
What does it mean when a boy shifts a girl?
interesing
What does outward sign mean?
Visible/exterior.
What does demeanor mean?
it means :- conduct, deportment or outward behavior The official definition of the word demeanor is "outward behavior or bearing."Demeanor means have a type of outward behavior. Outward behavior means bearing.
