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The shape of the PPF has to do with how many units of good A you have to give up to get another unit of good B It is related to how those goods are different in the types and amounts of productive resources between the two goods. The PPF is straight when you have to give up one unit of good A to get another unit of good B.
What else can I help you with?
The economic and political system which the government owns almost all major factors of production?
communism
What was the major problem for farmers in the 1920's?
The over production of crops and the land they owned was almost worthless
Why does North Korea have a low GDP?
North Korea has almost no functional production, be it agricultural or industrial. It has no service industry. As a result, its GDP is practically nothing.
What is the Difficulties to determined fixed cost and variable cost?
There has always been difficulties in identifying the fixes cost and variable cost for the business for almost all type of business. The cost like electricity cost,telephone cost, and fuel cost etc are the examples of the cost those add complexity in determining the fixed and variable cost. the Actual problem is that these cost occur both and at the production place and the managerial cost. For example the electricity cost increases as porpotion with the amount of the goods produced in the production plant where as it remain almost fixed in the offices.It is difficult to calculate which cost was occured at the office and on the production plant. The answe may not be satisfactory poeople can edit it.
What is the impact of poverty and inequality on GDP?
Poverty and hunger are two inseparable entities therefore a hungry men lacks bodily energy and almost an interest in everything which results in reduced effectiveness and efficiency of production resulting in diminishing GDP .Inequality lead to contracting opportunity for other potential experts which reduce production and hence GDP as they are denied chance to reveal their expertise.
What was the Production Budget for Almost Famous?
The Production Budget for Almost Famous was $60,000,000.
What are the dimensions of the rectangle with the smallest perimeter?
There are almost infinite possibilities as you get smaller and smaller
What was the budget for Almost Famous?
The Production Budget for Almost Famous was $60,000,000.
How do you spell expstionly?
Here are a couple of possibilities that are almost synonyms: EXCEPTIONALLY - to a high degree ESPECIALLY - particularly
By the summer of 1942 almost all major industries and some 200000 companies had converted to what production?
War production.
Who was the first to see the possibilities of illustrations in printed books?
The answer is Albert Durer. We're almost done, lets keep going!!
What was gold production in the 1990's?
Western world gold production rose by almost 4 percent to 1,841 tons in 1992.
How long has the movie Maximum Ride been in production for?
For almost a year now.
What is the world's annual production of rubber?
Almost 21 million tons in 2005.
What organization controls almost 96 of the worlds oil production and trade?
Exxon
What organization controls almost 96 percent of the worlds oil production and trade?
Exxon
When was first les miserable play performed?
There were pirated production almost immediately after publication.
