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The slope of a production possibilities frontier (PPF) represents the opportunity cost of producing one good over another. Specifically, it indicates how much of one good must be sacrificed to produce an additional unit of another good. A steeper slope suggests a higher opportunity cost, while a flatter slope indicates a lower opportunity cost. Additionally, the slope can change along the curve, reflecting the principle of increasing opportunity costs as resources are reallocated between different goods.
What else can I help you with?
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
Is ppf interest taxable?
No. It is not taxable
How can you open a PPF account with PNB?
Go To this link in the Related Link below, in which PNB's all branch were mentioned where you can open a PPF account.
Is ppf amount taxable after maturity?
No. it is not taxable
How can you open a PPF account with Corporation bank?
Respected sir, i want a ppf account in u r bank. if its possible plz. mail me. my email id - psudhir2008@rediffmail.com
Do stairs represent slope?
Yes. Stairs represent slope. In fact, today in math class we were discussing slope and similar products.
What economic concepts are shown by the PPF?
The Production Possibility Frontier (PPF) illustrates several key economic concepts, including opportunity cost, efficiency, and trade-offs. It shows the maximum possible production levels of two goods, highlighting how resources must be allocated between them. Points on the curve represent efficient production, while points inside indicate inefficiency, and points outside are unattainable with current resources. The slope of the PPF reflects the opportunity cost of shifting resources from one good to another.
Why does the shape of the ppf slope downwards to the right and bulge out?
The slope of the PPF at a given point is the amount of good 'A' that would have to be sacrificed to get an additional unit of good 'B" That is the opportunity cost of getting an extra unit of good 'B' It bulges outwards (it is concave) because of the increasing opportunity cost If the slope is lineaar (straight) the opportunity cost will be constant and no sacrifice will be made. Three results can result from the PPF these are.. 1) Unattainable 2) Attainable and efficient 3) Attainable but inefficient Innefiency refers to when TB (total benefit) mines TC (tolat cost) is not maximised.
Where is opportunity cost on a production possibility frontier?
The opportunity cost would be the slope of the PPF. So the opportunity cost of the good on the x axis is in terms of the good on the y axis. This is why we would say a PPF demonstrates increasing marginal opportunity cost when it is curved outward
What does Production Possibilities Frontier represent?
it represents the boundary between the goods that are attainable and unattainable within an economy. Inside and along the ppf means that goods are attainable and outside the ppf menas the goods are unattainable and it thereby shows scarcity
What does a slope of a time graph represent?
The slope of a velocity-time graph represents acceleration.
What are 4 ways to represent slope?
gvf
How do you represent slope?
Rise over run
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
When was PPF - company - created?
PPF - company - was created in 1991.
What does the slope of the distance time graph represent?
The slope of a distance-time graph represents speed.
What does slope of a speed time graph represent?
The slope of a velocity-time graph represents acceleration.
