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a coplanar
the point is represent location , it has no dimension and it is named using capital letter\s .
pound per foot
Then the point is not outside the polygon...?
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it represents the boundary between the goods that are attainable and unattainable within an economy. Inside and along the ppf means that goods are attainable and outside the ppf menas the goods are unattainable and it thereby shows scarcity
Outside it's PPF.
A PPF is the locus of points such that all the economy's resources are used to its fullest potential. A PPF is concave to the origin because of the increasing opportunity cost to produce an additional unit of x (on the horizontal axes). A point inside the PPF is attainable because (1) there may be no full employment or (2) inspite of full employment they are used to less potential. On the contrary a point outside the PPF is not attainable because the PPF itself is the locus of the maximum attainable output given resources, the PPF may however expand due to increase in resources or their efficiency.
Reaching the PPF, Deciding which point on the PPF, How and how much to distribute to consumers
Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF
a coplanar
why PPF in economics is negatively sloped
PPF - company - was created in 1991.
When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it
If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.
when the oppotunity cost is a constant the PPF will be a stright line
You must mean PPF? PPF: Production Possibilities Frontier.