Homework questions, Microeconomics

Assignment Help:
If a large amount of skilled labor immigrated into the country, which allows the available resources to produce more of goods X and Y, which of the following will occur?

A.the y-intercept of the ppf will rise, and the y-intercept of the ppf will fall

b. the y-intercept of the ppf will rise, and the y-intercept of the ppf will rise

c. the y-intercept of the ppf will fall, and the y-intercept of the ppf will fall

d.the y-intercept of the ppf will fall, and the y-intercept of the ppf will rise

d.


Related Discussions:- Homework questions

A period of deterioration, A Period of Deterioration: The entire perio...

A Period of Deterioration: The entire period was very difficult for India's BOP, partly because of slow growth of exports in relation to import requirements and partly because

., what total cost function yields a U-shaped average total cost function

what total cost function yields a U-shaped average total cost function

Cyclical fluctuations, Cyclical Fluctuations: Consider a situation whe...

Cyclical Fluctuations: Consider a situation where the value of money above trend indicates an unexpectedly high level of money in the recent past. The model predicts that this

The appropriate resource constraint, Consider a person''s decision problem ...

Consider a person''s decision problem in trying to decide how many children to have. Although she cares about children and would like to have as many as possible, she knows that ch

Define the term supply, Demand is defined as a schedule of the quantities f...

Demand is defined as a schedule of the quantities fo good that will be purchased at various prices similarly the supply refers to the schedule of the quantities of a good that will

Principle of economics , A city government regulates taxi fares.  It also l...

A city government regulates taxi fares.  It also limits the number of taxicabs (by licensing), and has not changed the limit on cabs for lot of years.  At one time vacant taxis wer

Working capital, Working Capital: A business requires a certain revolving f...

Working Capital: A business requires a certain revolving fund of finance to pay for regular purchases of initial labour, raw materials and other inputs to production. Working capit

Production possibilty curve, why is the point outside the production possib...

why is the point outside the production possibility curve(PPC)called unttianable

Consumer behaviour, Establish relationship between production and cost for ...

Establish relationship between production and cost for a firm operation in perfect competition market in case of i phone

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