Thursday, March 3, 2011
productions possibility frontier
Microeconomics - Production Possibility Frontier
Like its name, it shows possible production or combined quantity of two
PPF (T1) = the Production Possibility Frontier for a Country in period 1.
Production Possibility Frontier Production Possibility Frontier
production possibility frontier (PPF) to our graph, as shown in Graph 2.
In this example the production possibility frontier is already bowed out
Diagram: Production Possibility Frontier - Development
Unemployment and the production possibility frontier
Use the Production Possibility Frontier to depict full employment,
Production Possibilities Curve
is the Production Possibility Frontier (PPF) of a country. Figure 2
Economists generally believe that production possibilities frontiers often
Suppose production occurs initially on the production possibility frontier
Source: The production possibilities frontier is a widely known and used
Production Possibility Frontier
Now the production possibility frontier is convex - because of the
Description= Production Possibilities graph/diagram; Author= Endless Melee
production possibility frontiers and economic efficiency
Figure 5 - Production Possibilities Frontier (PPF)
the various segments of the society production possibility frontier
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