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.
depends what graph....
i need a graph of some sort for a essay
If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income, the graph would show a straight diagonal line at a 45-degree angle. This line represents perfect equality, indicating that each percentage of households earns the same percentage of total income. Since there is no income disparity, the Lorenz Curve would coincide with the line of equality.
they both show in crease but a line graph may show decrease
circle graph
the increasing costs resulting in increasingly less output
the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.
an efficient utilization of resources
to show alternative ways to use an economy's resources
Full employment exists at every point on the production possibility curve. Which can be indicated with Y(f).
depends what graph....
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.
i need a graph of some sort for a essay
Logistic growth
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.
to show alternative ways to use an economy's resources
to show alternative ways to use an economy's resources