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what will be the shape of indifference curve if one of the two goods is a free commodity
The production possibility curve is not always linear, in fact, it is usually concave down (bowed-in). The shape of the curve depends on the substutability of the goods described by the curve in the question. When goods are perfectly substitutable in production, the PPP (or PPF) is linear.
Good day, I would like to know the relevance of OFFER CURVE to applied microeconomics.
my name is sheela sheela ki jawani
A Bézier curve is a parametric curve defiend by a set of control points, two of which are the ends of the curve, and the others determine its shape.
what will be the shape of indifference curve if one of the two goods is a free commodity
the indifference curve has its usual negatively sloping shape
The production possibility curve is not always linear, in fact, it is usually concave down (bowed-in). The shape of the curve depends on the substutability of the goods described by the curve in the question. When goods are perfectly substitutable in production, the PPP (or PPF) is linear.
A Cooling curve graph changes shape.
The PPF is bowed outwards (concave to the origin) as tradeoffs between the production of any two goods are constant.
i believe it's called 'curve' because of the shape, it's curved ...
Good day, I would like to know the relevance of OFFER CURVE to applied microeconomics.
my name is sheela sheela ki jawani
an ellipse
the shape of the curve skewed is "right"
A Bézier curve is a parametric curve defiend by a set of control points, two of which are the ends of the curve, and the others determine its shape.
All diamond necklaces form the shape of a curve, so they will lie flat against the neck.