the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.
The effect of increased resources in a production possibility frontier, or PPF, is an imbalance in the graph. Since a PPF is created based on set production factors, the results of the graph would be skewed with an increase in resources unless other production factors were increased accordingly.
a production possibilities frontier graph
production possibility frontier shift leftward
This is known as the law of diminishing returns and can occur because factor on the frontier is deemed to be production efficient and production inside frontier.
the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.
The effect of increased resources in a production possibility frontier, or PPF, is an imbalance in the graph. Since a PPF is created based on set production factors, the results of the graph would be skewed with an increase in resources unless other production factors were increased accordingly.
below or to the left of the production possibilities frontier
a production possibilities frontier graph
production possibility frontier shift leftward
This is known as the law of diminishing returns and can occur because factor on the frontier is deemed to be production efficient and production inside frontier.
a production possibilities frontier graph
Attainable.
With the introduction of new technology and new resources will shift the production possibility frontier.
The effects of discrimination in the production possibilities frontier is that a given business does not fulfill its ful potential.
under what conditions an econoy would be operating inside its production possibility frontier?
explain the effect of net migration on a country's production possibilites frontier