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Alternative ways to use an economy's resources.
Compares two goods and shows the opportunity costs for making each good.
The maximum quantities of two (or more) products that can be produced using the available limited inputs.
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∙ 8y ago
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What kind of curve does the graph show?
depends what graph....
Show you curve graph?
i need a graph of some sort for a essay
How a bar graph and a line graph alike?
they both show in crease but a line graph may show decrease
What graph can be used to show relationship?
circle graph
What is the best graph to show changes?
line graph
Production possibilities frontiers curve when they are charted on a graph because they show?
the increasing costs resulting in increasingly less output
How does production possibilities curve differ from production possibilities 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.
What does each point on a production possibilities curve show?
an efficient utilization of resources
To show Full Employment on a Production Possibilities Curve you indicate what?
Full employment exists at every point on the production possibility curve. Which can be indicated with Y(f).
What is purpose of a production possibilities graph?
to show alternative ways to use an economy's resources
What kind of curve does the graph show?
depends what graph....
What economic data does a production possibilities curve bring together?
Total value of 4 factors of production including:LandLaborCapitalEnterprizeThe PPC curve adds all these factor ups and create a curve show the possible optimum level of production for 2 competing goods.
Show you curve graph?
i need a graph of some sort for a essay
What does a population graph with an S-curve show?
Logistic growth
What change will show in a graph in temp of an substance a s it is heated will show what?
a heating curve
Any intersection of points outside the frontier line on a production possibilities graph would show that the economy is?
Depends on what the graph will display for us to really gather a correct answer. The reason behind it is because there are a lot of topics that have to do about the economy.
What is the purpose of a possibilities graph?
to show alternative ways to use an economy's resources
