Explain more on the production possibility frontier graph

Assignment Help Microeconomics
Reference no: EM13929153

Can you explain more on the production possibility frontier graph? I'm confused by your answer on the points. Under points c and d it says 60,50,40 and 30 i believe. Can you explain please?

 

Reference no: EM13929153

Questions Cloud

Competitive markets for good and services : Competitive markets for good and servicesExplain how each of the assumptions of perfect competition contributes to the fact that all decision makers in perfect competition are price takers.
Why cost estimation important component of project planning : Why is cost estimation such an important component of project planning? Discuss how it links together with the Work Breakdown Structure and the project schedule.
Calculate the average days to collect accounts receivables : Calculate the average days to collect accounts receivables for AutoZone and BorgWarner.
Probability of an event not occurring : 02. The Complement rule states that the probability of an event not occurring is
Explain more on the production possibility frontier graph : Can you explain more on the production possibility frontier graph? I'm confused by your answer on the points. Under points c and d it says 60,50,40 and 30 i believe. Can you explain please?
Discuss your first individual variable, using graphical : Discuss your second individual variable, using graphical, numerical, summary, and interpretation.
Management careers and diversity : A company has experienced several lawsuits as a result of equal employment opportunity (EEO) infractions. No diversity training has occurred within the company to date.
Most recent month of operations : 1  Sunshine Company, which has only one product, has provided the following data concerning its most recent month of operations   Selling price............................................................. $120     ..
Tariff on imported cheese : A country raises the tariff on imported cheese in order to increase its price above the price of domestically produced cheese. This is an example of ________.

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain how you achieved the payouts in the game

Using game theory, map out a prisoner's dilemma game that shows why even though discrimination was prominent, Major League Baseball allowed blacks to play in the MLB. Please explain how you achieved the payouts in the game.

  Determining supply and demand shifts

Speedy delivery is the package carrier which serves the Midwest It specializes in the delivery of auto parts to independent auto repair shops. It competes against very large firms like FedEx, UPS, and US Postal.

  Note that the investor can place all of his available funds

consider an investor with 10000 available to invest. he has the following options regarding the allocationof his

  Explain and what countries make up the apec

What event marked the arrival of the Pacific Age? Please explain and what countries make up the APEC? When was it established? What is the APEC's share in global trade?

  Determine the interest rate that the ira paid out

A self-employed individual contributes $5,000 annually for 30 years into an Individual Retirement Account (IRA). At the end of 30 years the account balance is $230,000. Assuming monthly compounding, determine the interest rate that the IRA paid out..

  Market model patterns of change

Describe the industry and explain the general pattern of change of the particular market model and hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a "market economy."

  Find out which institutional and risk factors should be

cameron international corporation with revenues of 6134.8 million fy 2010 net profit of 562.9 million fy 2010 and an

  Why would firm decide to produce instead of shut-down

What is the profit maximizing level of output - what is the maximum profits firm can attain and why would this firm decide to produce instead of shut-down?

  Explainthe financial services modernization ac

The Financial Services Modernization Act a. reinforced the Glass Steagall Act b. prevented mergers of banks c. eliminated barriers between banks, brokerage houses, and insurance companies

  Play an important role in achieving your goals in the near

What are your future plans? Do you think learning economics will play an important role in achieving your goals in the near future? Briefly discuss.

  Explain the paradox of saving

Explain the paradox of saving. Now suppose the economy is characterised and what will happen to investment? What will happen to public saving?

  What difference between trade in goods and trade in services

What is the difference between trade in goods and trade in services? What is the difference between international trade and foreign direct investment?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd