We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The production possibilities frontier represents all combinations of two goods that would be technologically efficient - Assignment Example

Comments (0)
Summary
A technological advancement of the pumpkin industry leads to the resources employed in production of pumpkins to be more productive. As a result, the change in the production possibility frontier is as shown in the diagram below (figure 2).
2. If there is an expansion in…
Download full paper
GRAB THE BEST PAPER
The production possibilities frontier represents all combinations of two goods that would be technologically efficient
Read TextPreview

Extract of sample
The production possibilities frontier represents all combinations of two goods that would be technologically efficient

Download file to see previous pages... As a result the effect will be similar to the effect of a technology change in favor of pumpkin industry shown in figure 2.
4. If usable farmland reduces by 10% then the amount of output of pumpkins producible given the rest of the resources of the economy falls, but the amount of output producible by the pretzel industry remains unchanged. Therefore, the production possibility frontier shrinks inward on the vertical axis, but its point remains unchanged on the horizontal axis. This is shown in figure ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Women on the Texas Frontier
prescriptive dimensions of literature that were published in the early and late nineteenth centuries described the woman’s sphere as a superior moral influence that could restrain negative behaviors of man while molding behavioral traits of future generation, which are her
1 Pages(250 words)Assignment
Wild Frontier Pt. 3
Wild Frontier has added a couple of remote offices and WSS will come in handy and will help greatly in reducing costs, as well as
3 Pages(750 words)Assignment
Frontier Airline
y, the airline was operating smoothly in the first 30 years of service until the begin of 1980 when the then president Al Feldman moved jobs to become the Chief Executive Officer (CEO) of another airline known as Continental Airlines. As such, his position was taken up
2 Pages(500 words)Assignment
Play represents Asia
However, it must be noted that each of such works of art is produced in a particular cultural environment. In other words, they bear traces of a
5 Pages(1250 words)Assignment
Sudan Food Famine and the Production Possibilities Curve
With the ongoing war, there have been a number of effects which have impacted on the lives of the citizens negatively. Farms have been destroyed in the war, the crop included and this has seen the doubling in the prices of food. The unaffordability has
1 Pages(250 words)Assignment
Electronic frontier
Having reviewed the goals of the organization, I have realized that I can protect myself from a variety of issues on the internet. I have the right to determine any kind of sensitive information that the state might have against me according to the law of Freedom Information
1 Pages(250 words)Assignment
The Electronic Frontier Foundation
Whereas internet provides unmatched benefits, a lot of caution need to be taken when using internet in order to stay within safe limits. First step towards protecting online privacy begins with using secure internet connections. This ensures that only
1 Pages(250 words)Assignment
The American Frontier
In addition, the paper will discuss how the White settlers benefited from the myths, as well as, the impacts of the closing of the Frontier in the late 1800s. The white settlers occupied most of the
3 Pages(750 words)Assignment
Nostalgia and the frontier
According to the ideas of Jackson Fredrick Turner, frontier is basically a process through which the immigrant Europeans were changed into a totally new caliber of people called the Americans. As demonstrated by Buffalo Bill, the process of the creation of the
2 Pages(500 words)Assignment
The New Frontier: Data Analytics
Organizations are usually inundated with data, receiving terabytes and petabytes of it; received from various departments of the operation. From operational to transactional business systems, from management and scanning facilities; from outbound and inbound
5 Pages(1250 words)Assignment
Let us find you another Assignment on topic The production possibilities frontier represents all combinations of two goods that would be technologically efficient for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us