Economy is fully utilizing its resources, Macroeconomics

Assignment Help:

The _______________ illustrates the notion of opportunity cost. If an economy is fully utilizing its resources, it can produce more of one product only if it produces less of another product.

A) Marginal principle

B) Variable analysis

C) Production possibilities curve

D) Principle of diminishing returns


Related Discussions:- Economy is fully utilizing its resources

Macro, Difference between mec and mei.

Difference between mec and mei.

George and harriet, Consider an economy in which George and Harriet consume...

Consider an economy in which George and Harriet consume only ale and bread. George's utility function is UG = aG(bG- 1) where aG and bG are his consumption of ale and bread. Harrie

neumann-morgenstern utility index- risk premium, Question 1 Consider an...

Question 1 Consider an investor who has the von Neumann-Morgenstern utility index u(x ) = 3 + 4√ x An investment provides income according to two possible future scenari

Component of balance payments, Component of balance payment: BOP is a ...

Component of balance payment: BOP is a statement  that summarises all the economic transactions between residents (individuals, companies and other organisations) of the home

Marginal propensity, Marginal propensity to SPEND refers to: a. a nation's ...

Marginal propensity to SPEND refers to: a. a nation's additional spending on a good per an additional unit of expenditure. b. a nation's additional consumption based on a unit incr

Last deposit if your saving account, You make a monthly deposit of $1,000 i...

You make a monthly deposit of $1,000 into a saving account for the next 10 years. How much can you withdraw immediately after your last deposit if your saving account pays 6% per y

Multiplier, concept of multiplier - static and dynamic

concept of multiplier - static and dynamic

Grocery store manager, A grocery store manager would like to have an idea c...

A grocery store manager would like to have an idea concerning the average amount milk the store sells per day. In a sample of 70 days, the average amount number of gallons sold was

Equilibrium in the money market, Equilibrium in the money market  ...

Equilibrium in the money market  In the IS-LM-model, we have equilibrium in the money market when MD(Y, R) = MS   This is the equation

Define the term- wages and income, Define the term- Wages and income R...

Define the term- Wages and income Remember that by wage we mainly mean what you receive for working one hour, whereas income is the total revenue from all sources over a longe

Write Your Message!

Captcha
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