Customer Service Chat
Get quote & make Payment
ppc , Microeconomics
two countries workland and playland have similar population and identical production possibilities curves but diffrefences . the procuction possibilities combination are as follows
point capital good consumption goods
A 0 29
B 1 19
C 2 17
D 3 14
E 4 10
F 5 5
playland is located at point B on the ppc ,and workland is located at point E. Assume that this situation continues into the future and that all other things remain the same .
a. What is workland''s oportunity cost of capital goods in terms of consumption goods?
b. what is playland oppurtunity cost of capital goods in terms of consumtion goods?
c.how would PPCsof workland and playland be expected to compare to each other 50 years and in future
Posted Date: 10/22/2012 2:06:22 PM | Location : United States
Ask an Expert
ppc , Assignment Help, Ask Question on ppc , Get Answer, Expert's Help, ppc Discussions
Write discussion on ppc
Your posts are moderated
Write your message here..
Factors affecting demand forecasting - price, Price: The price factor is ...
Price: The price factor is another important variable to be included in demand analysis. Here one has to consider the prices of the product and also its substitute and complement
Long run average cost (lac), Long Run Average Cost (or LAC) -Constant R...
Long Run Average Cost (or LAC) -Constant Returns to Scale If the input is doubled, the output will double and average cost is constant at all the levels of output.
Why firm charges different prices to different consumer, Why firm charges d...
Why firm charges different prices to different consumer? Every firm needs to maximize its profit. When goods are sold to different customers, each customer negotiate price of
Average fixed costs, how do you find the average fixed costs using total fi...
how do you find the average fixed costs using total fixed costs and total product?
What does the is-lm framework mean, What does the IS-LM framework mean? ...
What does the IS-LM framework mean? The IS-LM model helps us to understand the two opposing theories. The IS (investment/saving) curve shows equilibrium in product markets. Th
External cost or external benefit, Explain externality, how can government ...
Explain externality, how can government intervene to achieve allocative efficiency in case of external cost or external benefit? Answer The term externalities refers to bot
Cullusive Oligopoly, Definition and graph of centralized cartel
Definition and graph of centralized cartel
Labor Economics, Sally recently finished her full-time training and receive...
Sally recently finished her full-time training and received certification as a nurse’s aid at the end of August. She sent out applications to prospective employers during the last
Economics assignment, What is the expected profit?
What is the expected profit?
Micro , We couldn''t find "Bob sold 50 fans at $20 a piece last month. This...
We couldn''t find "Bob sold 50 fans at $20 a piece last month. This month he decreased the price to $15 and sold 75. What is the price elasticity of demand for fans
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.