Movement along a production possibilities curve would imply that society has chosen a different set/amount of input for the two products/services represented in the graph.
The derivation of an individual consumer demand curve can be done using the indifference curve approach. This is done by preparing the demand schedule of a consumer from the price consumption curve.
A perfectly competitive firm's supply curve is that portion of its marginal cost curve that lies above the minimum of the average variable cost curve.
easton's zetterburg
A curveball falls under the general category of "breaking ball". A "breaking ball" refers to any pitch that is thrown with movement (i.e. a curveball, slider, sinker, etc.").
Movement along a production possibilities curve would imply that society has chosen a different set/amount of input for the two products/services represented in the graph.
must be producing along the production possibilities curve.
production possibilities curve convex to the origin. Elson Mendoza was here.
no
the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.
it really good
yes
explain graphically the movement along the demand curve
Any point on the PPC curve
A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.
A point that lies outside a country's production possibilities curve means that the country is not able to produce. The possibility curve shows how a country can efficiently produce.
Movement along the Supply Curve is an indication of a change in Quantity Supplied.