What conclusion can you draw about resources

Assignment Help Business Economics
Reference no: EM132457028

If you are told that a production possibilities curve is linear, what conclusion can you draw about resources? Explain.

Reference no: EM132457028

Questions Cloud

Discuss the role of root cause analysis in public safety : Discuss The Role of Root Cause Analysis in Public Safety ERM Programs Case.dentify an emerging crime issue in your community using data
Discuss differences between an LCA and eco-audit : Have you ever conducted an LCA, eco-audit, or P2 audit? If so, describe the how the audit was conducted.What is the value of a P2 audit? Have you ever conducted
Wearing a business suit on a job interview : Having difficulty deciding - already selected one incorrect answer so I know it is one of these! Sometimes the easiest questions throw my brain into a tizzy - t
Discuss benefits of using pollution prevention : What would be your recommendations as far as which technology (HE, SCR, and/or FA) should be used, or should none be used?
What conclusion can you draw about resources : If you are told that a production possibilities curve is linear, what conclusion can you draw about resources? Explain.
What is the cpi describe : What is the CPI describe? How does the fed create money?
What argument could you make against such a change : What argument could you make against such a change? Why do you think patents are commonly used even though they lead to monopoly problems?
Suggest some ways you think that the unemployment problem : Suggest some ways you think that the unemployment problem can be improved
Income on the consumption of the two goods : What is the effect of a change in income on the consumption of the two goods if there is no accompanying change in price?

Reviews

Write a Review

Business Economics Questions & Answers

  Explain the importance of liquidity management

Banks manage their assets in a variety of ways. Explain the importance of “liquidity management”?  What is the concern of the bank in regard to the liquidity of its assets? Bank Management is becoming increasingly complicated. What are the Four Major..

  Explain why each of the following example is not a perfectyl

Explain why each of the following example is not a perfectyl compertitive industry

  What is the weekly marginal product of practical nurse

The consultants of Allcare Family Clinic (AFC) have determined that if the clinic hires two more practical nurses, without any other changes in its operation, it can increase the number of patients it treats during a week from 200 to 220. The weekly ..

  Economy slipped into recession

Suppose it had begun an expansionary policy early in 1981. What does the text's analysis of the inflation unemployment cycle suggest about how the macroeconomic history of the 1980s might have been changed.

  What price should the firm charge in the short run

A firm sells its product in a perfectly competitive market where other firms charge a price of $110 per unit. The firm’s total costs are C(Q) = 50 + 10Q + 2Q2.  How much output should the firm produce in the short run? What price should the firm char..

  Value of the human development index

If countries are first ranked by level or real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different?

  Marginal cost of producing 10 units

Suppose the cost function is C(Q) = 50 + Q - 10Q2 + 2Q3. What is the marginal cost of producing 10 units? my teacher said it was 401 for the answer but I don't understand how he got that answer because he asked the same problem and said that answer w..

  Highest fixed costs that could be incurred-still break even

Another utilization of cash flow analysis is setting the bid price on a project. To calculate the bid price, we set the project NPV equal to zero and find the required price. Thus the bid price represents a financial break-even level for the project...

  What are the effects of capital formation by comparing

What are the effects of capital formation by comparing the ppf,at the present time and ten years in the future,for two economies,one with a high and the other with alow rateof capital formation.

  Elucidate what could be done to encourage people to spend

Elucidate what could be done to encourage people to spend more so as to increase aggregate demand and invariably, create employment possibilities.

  Assume investment is low risk-no riskier than putting momey

How much are you willing to invest today to receive $150 a year for seven years and an additional $1,200 at the end of the seventh year? Assume this investment is low risk, that is, no riskier than putting money in a bank earning 2%.

  Discuss the four levels of customization

Discuss the four levels of customization, according to Pine and Gilmore. Which types provide the most opportunity for customers to get exactly what they want – and why does this NOT provide a competitive advantage? (Refer to Chapter 10)

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