--%>
Assignment Help - homework help

Efficiency of production possibilities frontier

I have a problem in economics on Efficiency of production possibilities frontier. Please help me in the following question. The production possibilities frontier supposes: (i) Proficient utilization of fixed resources and technology. (ii) A totally homogeneous resource base. (iii) Variable resources and underemployment. (iv) Full employment and technological progress.

   Related Questions in Econometrics

  • Q : Allocative Mechanisms-Random Selection

    I have a problem in economics on Random Selection. Please help me in the following question. Rights to drill for the oil on government property are frequently assigned by lottery. If you are blessed you win drilling rights by just submitting your name

    		•
  • Q : ECONOMETRICS PROBLEM MORE EXAMPLE OF

    MORE EXAMPLE OF THE ABOVE TITLE AND SOLUTION OF D/T WORK OUT .HELP ME PLEACE!!

    		•
  • Q : Slower rates of economic growth In the

    In the production possibility frontier model, a society which presently selects higher levels of consumer goods and some capital goods outcomes in: (i) Higher rates of unemployment in future. (ii) Enhanced economic efficiency. (iii) Slower rates of th

    		•
  • Q : Significant economic roles The ‘mixed

    The ‘mixed economy’ is one which is characterized by: (1) A diverse industrial base employing different applied technologies. (2) Significant economic roles for both private and public sectors. (3) Regional industries with intrastate and inter trade. (4) B

    		•
  • Q : Problem on Increasing Costs Can someone

    Can someone help me in finding out the right answer from the given options. Since the output of food raises from zero to 40 in this completely employed economy, the opportunity cost of additional food: (1) Increases. (2) Is zero. (3) Drops. (4) Is con

    		•
  • Q : Effects of reduced production on Income

    Can someone help me in finding out the right answer from the given options. Relative to the market system, allocation of resources and goods strictly according to requirements or to equivalent shares will most likely outcome in: (1) Decreased production. (2) Accelerat

    		•
  • Q : Substantial unemployed capacity Lyndon

    Lyndon Johnson's assurances in the year 1964 that the U.S. could fight the Vietnam War devoid of decreasing civilian living standards or government social programs would be valid merely when our economy began from the position: (1) Of complete employment. (2) With sub

    		•
  • Q : Honesty and integrity in market

    The economic system which in theory depends relatively the least for its efficiency and in general success on honesty and integrity and humanitarianism of members of the economically and socially and most of the elite groups in the system are about ce

    		•
  • Q : Production Possibilities Frontiers as

    I have a problem in economics on Production Possibilities Frontiers as tools. Please help me in the following question. Production possibilities frontiers are much least useful as tools to exemplify: (i) Scarcity. (ii) Opportunity costs. (iii) Feasibl

    		•
  • Q : History of USSR market forces From the

    From the year1960s to the 1980s, the government of: (i) England employed socialistic imperialism to reclaim the former colonies. (ii) El Salvador and Nigeria were conquered by the communist revolutions. (iii) The US expanded regulation, whereas the USSR rousingly reli

    		•