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What is the difference straight ppf and concave ppf?
If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.
In context to the production possibilities curve what is the largest reason for unemployment?
Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF
What is the most common economic model?
line graphing
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
What does PFF mean in economics?
You must mean PPF? PPF: Production Possibilities Frontier.
What causes ppf to be a straight line?
when the oppotunity cost is a constant the PPF will be a stright line
What is the difference straight ppf and concave ppf?
If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.
In context to the production possibilities curve what is the largest reason for unemployment?
Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF
What is the most common economic model?
line graphing
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
When was PPF - company - created?
PPF - company - was created in 1991.
How was the first straight line created?
Gravity. The path of gravity is a straight line from the origin of an object to the very center of the Earth. If you hold a piece of string up, it will hang in a straight line. Same thing with tension; if you apply tension to either end of a string in opposite directions, the string will stretch to become a straight line. The surface of still water, due to gravity, is an entirely flat surface. It also represents a straight line.
Balance of ppf account?
When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it
What does PFF mean in economics?
You must mean PPF? PPF: Production Possibilities Frontier.
Do line segments have to be straight?
Yes. If it is not straight, then it is not a line.
Do company require PPF registration?
No. PPF is a voluntary contribution scheme and company's are not required to register.
Does displacement have to be in a straight line?
Displacement of a straight line is zero...
