--%>
Assignment Help - homework help

Depletion of fossil fuel Resources

I have a problem in economics on Resources. Please help me in the following question. The depletion of the fossil fuel reserves will cause the world’s production possibilities frontier to shift: (i) Outward and decrease capacity. (ii) Inward and decrease capacity. (iii) Outward and raise the capacity. (iv) Inward and raise the capacity.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Managerial Economics

  • Q : Elasticity of Demand for Labor The

    The elasticity of demand for labor is directly associated to: (w) labor’s share of total costs. (x) the elasticity of demand for output. (y) the ease of substitution between labor and other resources. (z) All of the above.

    Q : Raise in supply and demand and

    When the supply and demand for a good both raise there will be rising within the: (1) market price. (2) equilibrium quantity. (3) quality of the good. (4) profits of a monopoly firm. (5) level of consumer satisfaction. Hello guys I

    		•
  • Q : Wage Rates and Opportunity Costs

    Reasons why workers are often paid more than they could make in their best alternative positions do not include: (1) human capital valued by many firms. (2) membership in a union along with a labor contract. (3) holding a minimum wage job when most unskilled workers a

    		•
  • Q : Illustrates managerial Economics

    Illustrates the managerial Economics according to Michael Baye? Answer: In the words of Michael Baye as this term Managerial Economics is the study of how to directl

    		•
  • Q : Define the pricing of a new product

    Define the pricing of a new product.

    		•
  • Q : Characteristics of a good policy what

    what is that policy that talks about not changing the policy frequently?

    		•
  • Q : Explain the Economies of Scale Explain

    Explain the Economies of Scale.

    		•
  • Q : Illustrates the demand schedules

    Illustrates the demand schedules important for law of demand? Answer: The perception of law of demand may be explained along with the demand schedules are as follow:

    		•
  • Q : Relation between Average Revenue

    Illustrates the relation between Average Revenue, Total Revenue and Marginal Revenue?

    		•
  • Q : States the term Production States the

    States the term Production?

    		•