Production possibilities curve

Assignment Help Macroeconomics

Reference no: EM13912683

Using a production possibilities curve, explain (using narrative and graphs) the opportunity cost principle.

Please provide a “real-world” example where this principle would be applied in the public/healthcare/nonprofit sector.

Reference no: EM13912683

Questions Cloud

Production benefit the company : Five star tools produces products C210 and D400. Contribution margin per unit is $250 divided by .2 hrs to get $1250. D400 is $430 divided by .8hrs to get $5375. Why does the company perfer to produce the C210? And what would one additional hr of pro..

Complete proof that the graph bgais indeed a buffer graph : Complete the proof that the graph BGa (defined in the proof of Theorem 5. 13) is indeed a buffer graph, i. e., for each path P E P there exists a guaranteed path with image P.

Draw a vector diagram : A speedboat is towing a paraglider at a constant speed and height on the end of a light rope of length 30m, which makes an angle q with the horizontal. The forces acting on the paraglider are the vertical lift, L, the horizontal drag, D, his weigh..

Cost of construction incurred : What was the cost of construction actually incurred in 2016? $125,000.How much cash was collected in 2016 on this contract? $108,000.I know question one and two is correct. I'm having trouble figuring out questions three and four

Production possibilities curve : Using a production possibilities curve, explain (using narrative and graphs) the opportunity cost principle. Please provide a “real-world” example where this principle would be applied in the public/healthcare/nonprofit sector.

Building manufacturing plants : Companies want to expand their business and improve their sales and profits. Instead of building manufacturing plants and installing new machineries, companies look to buy other companies and integrate them into their current business.They have $22 m..

Describe the interaction of the band members : Who - names of the band members and the instruments they play. Include singers and where - describe the place and the audience. Include the audience behavior.

What step in the proof fails if messages can be duplicated : Show that the relationship in Lemma 6. 19 also holds if mes sages can get lost in the channel pq, but not if messages can be duplicated. What step in the proof fails if messages can be duplicated?

Why the supply chain costs seem skewed : Senior management wants to know why the supply chain costs seem skewed. Provide an explanation in logistical terms including an analysis of the total costs *use spread sheet*

User Account

All Pages