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What the meaning of unattainable in microeconomics?
In microeconomics, "unattainable" refers to a situation or point on a production possibilities frontier (PPF) that cannot be achieved given the current resources and technology available to an economy. It signifies combinations of goods or services that exceed the economy's capacity to produce, highlighting the limits of resource allocation. Essentially, unattainable points illustrate the constraints faced by producers in maximizing output.
What does Production Possibilities Frontier represent?
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
Why are some production combinations attainable and unattainable?
the combination which lies on PPC curve IS attainable combination.
Which point would be in the unattainable area of the diagram Ceteris Paribus?
In a typical production possibilities frontier (PPF) diagram, points in the unattainable area lie beyond the curve, representing combinations of goods that cannot be produced given current resources and technology. These points are not feasible under the assumption of ceteris paribus, which means all other factors are held constant. Therefore, any point that requires more resources or technology than what is available would be considered unattainable.
Outside the production possibility frontier is?
Unattainable given resources and technology. Cannot be attained unless resources or tech increase, or if trade occurs
What is Unattainable promise?
The word unattainable is an adjective that means not able to achieve or not able to be reached. An unattainable promise is a promise that has no chance of being kept.
What are the release dates for Unattainable - 2013?
Unattainable - 2013 was released on: USA: 12 January 2013
Is African literature vague and unattainable?
no
What are the release dates for Unattainable A Ninja Story - 2011?
Unattainable A Ninja Story - 2011 was released on: USA: 15 April 2011
What is the term for Not being able to be reached?
unattainable
What hopes people have from Obama?
lofty, ambitious and unattainable hopes.
Another word for unable?
unachievable, unattainable
What does the phrase a wild goose chase mean?
A "wild goose chase" is a figurative expression relating to the pursuit of something you likely cannot or did not realize. A fruitless pursuit of something that is unattainable
Why does Wendy love Peter Pan?
Maybe she loves him because he is unattainable.
What the meaning of unattainable in microeconomics?
In microeconomics, "unattainable" refers to a situation or point on a production possibilities frontier (PPF) that cannot be achieved given the current resources and technology available to an economy. It signifies combinations of goods or services that exceed the economy's capacity to produce, highlighting the limits of resource allocation. Essentially, unattainable points illustrate the constraints faced by producers in maximizing output.
What does it mean to dream of a chalice?
This is an important religious symbol. It may represent the Holy Grail in which the blood of Jesus Christ was held. The chalice may also signify something that is unattainable, a quest that is frustrating you.
Is it normal to have fantasies about a celeb when you have a boyfriend?
Absolutely. As long as this 'celeb' of yours is unattainable.
