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The Law of Increasing Opportunity Cost that is shown in a Production Possibilities Curve is concave to the origin. This is because it shows the maximum gain of two products used in production.

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Why is the ppf concave to the origin?

because it has increasing opportunity costs


What does the law of increasing opportunity costs explain?

the increasing amounts of one commodity that a nation must give up to release just enough resources to produce each additional unit of another commodity. THis is reflected in a production frontier that is concave from the origin.


If the law of increasing opportunity costs is reflected in a production possibilities curve which is?

production possibilities curve convex to the origin. Elson Mendoza was here.


What is the origin of the word concave?

The word concave is derived from the Latin word concavus, from cavus, meaning cave.


Moving left to right the typical production possibilities curve ahas a constant neg. slope b has a constant posit. slope cillustrates increasing opportunity costs d ill. decreasing oppor. cost.?

Moving from left to right, the typical production possibilities curve:C)illustrates increasing opportunity costsFeedback: The typical curve is bowed out from the origin, reflecting increasing sacrifices of one good as the other is increased. This is the principle of increasing opportunity costs.


Moving left to right the typical production possibilities curve ahas a constant neg slope b has a constant posit slope cillustrates increasing opportunity costs d ill decreasing oppor cost?

Moving from left to right, the typical production possibilities curve:C)illustrates increasing opportunity costsFeedback: The typical curve is bowed out from the origin, reflecting increasing sacrifices of one good as the other is increased. This is the principle of increasing opportunity costs.


Why is a star polygon concave?

because the point of origin would be on an outer point and around it the walls seem to cave in making it seem concave, in comparison to a regular polygon. When checking for concave polygons always compare what you are looking at to a regular polygon


What is the ultrasound principle in Doppler ultrasonography?

The ultrasound principle is this: when a high-frequency sound is produced and aimed at a target, it will be reflected by its target and the reflected sound can be detected back at its origin.


What forbade discrimination on the basis of racecolorreligiongenderor national origin?

The equal opportunity Act


Why is ppc concave to origin?

Oh, dude, PPC is concave to the origin because of the law of diminishing returns. As you produce more of one good, you have to give up more and more of the other good, which makes the curve bend inward. It's like when you eat too much pizza and eventually the joy of each additional slice starts to decline.


Can the graph of a function be reflected cross both the x and y axes simultaneously?

In a sense, yes. This type of reflection, in which a function is reflected over both the x and y-axes, is a possible characteristic of odd functions and is known as origin reflection, or reflection about the origin.


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.