Shifting the ppf curve, Microeconomics

Assignment Help:

 

Shifting the PPF Curve

To raise the manufacturing of one good without reducing the production of the other, the PPF curve should shift outward. The PPF curve shifts outward as a consequence of an increase in the economy’s resources or a technological innovation or creativity that increases the output obtained from a particular quantity of resources. From point d, an extra 200 tons of factory goods or 20 tons of farm goods are now possible.

 

 

459_shift in ppf.png


Related Discussions:- Shifting the ppf curve

Narrowness definition of commodity, Why narrowness of definition of a commo...

Why narrowness of definition of a commodity may influence price elasticity of demand

Economics, Assume that a persion lives for three equal periods: Youth, Earl...

Assume that a persion lives for three equal periods: Youth, Early Adulthood and Late Adulthood. The person dies after later adulthood period ends. If one invests $200 in educatio

Potentials of productivity growth, Potentials of Productivity Growth: ...

Potentials of Productivity Growth: It needs to be noted that growth in productivity witnessed in the past are an average rate at the All-India level. There are considerable re

Analyse the possible effects of speculation on exchange rate, Analyse the p...

Analyse the possible effects of speculation on exchange rates. Definition of speculation in currencies as betting on the appreciation/depreciation of a given currency. E

Determinants of private demand - regional disparity, Determinants of Privat...

Determinants of Private Demand - Regional Disparity There is imbalance in distribution of facilities. There are over 600000 villages in India. And there were over 8737 degree

PPC, How dose PPC help, illustrate the basic economic problem?

How dose PPC help, illustrate the basic economic problem?

Parallel economy, PARALLEL ECONOMY: What is in popular parlance known ...

PARALLEL ECONOMY: What is in popular parlance known as black money, and is, misleadingly called the 'parallel' economy, (as it operates very much with and within the legal, fo

A potato chip industry, run a s monopoly how will this benefit stakeholders...

run a s monopoly how will this benefit stakeholders involved, such as the goverment, businesses, and consumers?

The theory of consumer behavior, explain the theory of consumer behavior f...

explain the theory of consumer behavior from the utility perspective

Long run eq, The raspberry growing industry is a perfectly competitive indu...

The raspberry growing industry is a perfectly competitive industry. The firms in the industry have a U-shaped LAC, minimum average cost is $8 and the minimum efficient scale is 4 u

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