A Production Possibility Frontier (PPF) is a straight line when the opportunity cost of producing one good over another remains constant. This typically occurs when the resources used in production are perfectly adaptable to both goods, meaning that shifting resources from one product to another does not change the efficiency of their production. In such cases, the trade-offs between the two goods are linear, reflecting a consistent rate of substitution.
Yes. If it is not straight, then it is not a line.
it just a straight line
If it is not straight, then it is not a line.
The word straight does have an antonym, which is crooked. So perhaps a crooked line is the opposite of a straight line.
The length (distance) of a straight line always changes, the angle of a straight line is 180 degrees.
when the oppotunity cost is a constant the PPF will be a stright line
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.
The Production Possibility Frontier (PPF) becomes a straight line when the opportunity cost of producing one good over another remains constant. This typically occurs when resources are perfectly substitutable between the two goods, meaning that the trade-off between them doesn't change regardless of the quantity produced. In contrast, a curved PPF reflects increasing opportunity costs, where reallocating resources leads to a less efficient trade-off.
Yes, when moving along a production possibility frontier (PPF), the opportunity cost is constant if the PPF is a straight line. This indicates that resources are perfectly adaptable for the production of either good, meaning that the trade-off between the two goods remains the same. However, if the PPF is curved, the opportunity cost is increasing, as resources are not equally efficient in producing both goods.
Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF
line graphing
why PPF in economics is negatively sloped
PPF - company - was created in 1991.
Yes. If it is not straight, then it is not a line.
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
You must mean PPF? PPF: Production Possibilities Frontier.
it just a straight line