Shifting the ppf curve, Microeconomics

 

Shifting the PPF Curve

To raise the manufacturing of one good without reducing the production of the other, the PPF curve should shift outward. The PPF curve shifts outward as a consequence of an increase in the economy’s resources or a technological innovation or creativity that increases the output obtained from a particular quantity of resources. From point d, an extra 200 tons of factory goods or 20 tons of farm goods are now possible.

 

 

459_shift in ppf.png

Posted Date: 7/24/2012 7:11:28 AM | Location : United States







Related Discussions:- Shifting the ppf curve, Assignment Help, Ask Question on Shifting the ppf curve, Get Answer, Expert's Help, Shifting the ppf curve Discussions

Write discussion on Shifting the ppf curve
Your posts are moderated
Related Questions
Briefly explain the main macroeconomic objectives of governments. Definition of macroeconomic issues Growth a)      Enhance in national income per unit of time, a

Supply function given by equation QS = 3P - 50. Write an equation proposals if: a) Government introduces subsidies of 5 $ per unit; b) the government introduced subsidies of 15%

Differentiate between nominal and real exchange rate.  Nominal exchange rate is the rate which actually prevails in the foreign swap market. The real exchange rate is the rate

show this in a pie chart age = under 20|number of people = 20.90

What are subsidies?  Almost in all market systems, government plays its role to stabilize the price of certain commodities, which are of public interest like medicines and edib

Economies of Scope in the Trucking Industry * Questions: - Economies of Scope - Are large-scale, direct hauls cheaper and more profitable than individual hauls by small t

evaluate each in term of strength and weakness relative to their applicability to asian economy situation or reality ,2. philippines economy situation or reality

Direct and Indirect Benefits Life time earnings of an educated person is an instance of direct benefit from education. Skills produced in training or extension programmes in a

yt =a+fyt-1 +ut, ut =et +?et-1, where et is independent white noise assume the process is stationary. Will OLS generally provide you with consis- tent point estimates of f? Can y

The prevention of major swings in economic activity can be handled most easily by the: A. Household sector B. business sector C. financial sector D. government sector why?