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Why does a production possibilities curve have a bowed-out shape?

The PPF is bowed outwards (concave to the origin) as tradeoffs between the production of any two goods are constant.


What are the tradeoffs between core capabilities and core rigidities?

What are the tradeoffs between core capabilities and core rigidities?


People face tradeoffs?

Its okay.


What are tradeoffs of a camera?

its 2-d?


What are tradeoffs of the airplane?

pollution is a tradeoff of airplanes


Tradeoffs in cost involve examining the development of alternative designs and the required industrial base capability.Tradeoffs in cost involve examining the development of alternative designs and th?

methods of production


What has the author G D Arndt written?

G. D. Arndt has written: 'Solar power satellite system sizing tradeoffs' -- subject(s): Economic aspects, Economic aspects of Electric power production, Electric power production, Microwave antennas, Satellite solar power stations


Why are tradeoffs necessary?

Tradeoffs are necessary because resources, such as time, money, and materials, are limited, requiring individuals and organizations to make choices about how to allocate them. These decisions often involve balancing competing priorities and assessing the potential benefits and drawbacks of each option. By understanding tradeoffs, we can make more informed decisions that align with our goals and values. Ultimately, they help us optimize outcomes in complex situations.


What does the phrase there's no such thing as a free lunch mean in economic terms?

people must face tradeoffs


How can a Work Breakdown Structure can be used to help the managers?

WBS can be used to help make program management decisions. For example, if the food costs are too high, the WBS can be used to identify possible tradeoffs. Identifying and analyzing tradeoffs can help the manager decide how best to stay within the budget.


A customer has asked for advice about a product area How effective or ineffective would it be to explain the tradeoffs between price and quality?

Very effective


What has the author Tracy M Gordon written?

Tracy M. Gordon has written: 'Fiscal Realities: Budget Tradeoffs for California Government'