### Production possibilities frontier

Assignment Help Microeconomics
##### Reference no: EM1367817

1. Describe the connections between opportunity cost and the production possibilities frontier?

2. What is the relationship between bowed out shape of production possibilities frontier and increasing opportunity cost of the good as more of it is produced?

3. When economists state that the opportunity cost of a product increases as more of it is produced, what do they mean?

#### Define annual yield

A bond with no expiration date has a face value of \$10,000 and pays a fixed 10 percent interest. If the market price of the bond rises to \$11,000, the annual yield approxim

#### What advantage would entrepreneurs expect to gain

Thomas McCraw, at the time a professor at the Harvard Business School, wrote: "Throughout American history, entrepreneurs have tried, sometimes desperately, to create big bu

#### The government has created to impact economic growth

Identify at least four policies from the textbook that the government has created to impact economic growth and productivity. Evaluate whether each item has enhanced or dimini

#### Corporate bond yields rise while treasury bond yields fell

The US treasury isn't the only issue of bonds. Corporations also issue bonds that have future payment structures like U.S. Treasuries. Of course, unlike the federal government

#### Can you explain why she might have obtained such a result

She finds that at the 5 percent significance level she cannot reject the two individual null hypotheses that the parameters multiplying these coefficients are zero, but that

#### How do insurance companies try to reduce these problems?

Define asymmetric information. Distinquish between hidden characteristics and hidden actions. Which type of asymmetric information contributes to the principal agent problem

#### What is initial equilibrium level of interest rate in monia

Suppose the money market in Monia is in equilibrium. What is the initial equilibrium level of interest rate in Monia? Suppose that the central bank in Monia determines that th

#### What price will the profit-maximizing monopolist charge

What is the monopolists profit-maximizing level of output and what price will the profit-maximizing monopolist charge - What price will the profit-maximizing monopolist charge