production possiblities curve, Economics, Microeconomics

Assignment Help:

suppose either computers or televisions can be assembled with the following labor inputs:
units produced: 1 2 3 4 5 6 7 8 9 10
total labor used: 3 7 12 18 25 33 42 54 70 90
Draw the production possibilities curve for an economy with 54 units of labor.

Related Discussions:- production possiblities curve, Economics

ECS, The prevention of major swings in economic activity can be handled mos...

The prevention of major swings in economic activity can be handled most easily by the

Primary research methods, We discussed why economists prefer to use availab...

We discussed why economists prefer to use available statistics and econometric techniques over other means of measuring consumer demand. Write a short essay describing a situation

Market supply of labour, #queUse a graphical illustration to describe brief...

#queUse a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more wome

Explain the marginal rate of technical substitution, Marginal rate of techn...

Marginal rate of technical substitution in the theory of production is similar to the concept of marginal rate of substituent to in the indifference curve analysis of consumer dema

Examine the factors that influence a country s exchange rate, Examine the f...

Examine the factors that influence a country s exchange rate. Suppose and define a floating exchange rate, the major issue here is to outline the factors influencing the supply

Economic growth, In his 2009 budget proposal for the U.S., President Obama ...

In his 2009 budget proposal for the U.S., President Obama wrote, "Unfortunately, we are also inheriting the worst economic crisis since the Great Depression which will force us to

Private returns versus social returns, Private Returns Versus Social Return...

Private Returns Versus Social Returns As there is subsidisation of education by the state in all countries (and a little higher subsidisation in developing countries) it happe

Demand and supply, discuss and illustrates the following terms with diagra...

discuss and illustrates the following terms with diagrams1.inferior goods.2.normal goods,3.giffen goods

Define regressive tax, Q. Define Regressive Tax? Regressive Tax: A tax ...

Q. Define Regressive Tax? Regressive Tax: A tax in that lower-income individuals or households bear a proportionately greater burden of the tax. Sales taxes aretypically consid

Assignment, Please provide detailed answers, showing all your work, to all ...

Please provide detailed answers, showing all your work, to all five sections in problem 15.9 in the Nicholson and Snyder book. This is an individual take home task due at 11:59pm o

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages