--%>
Assignment Help - homework help

Production possibility frontier

By using the production possibility frontier, revel that if a society decides to produce more capital goods associated to consumption goods in year 1, then in year 2 there will be more consumption goods.

   Related Questions in Microeconomics

  • Q : NOT cartelized product in market power

    Products which have NOT been cartelized comprise: (w) oil. (x) bananas. (y) sugar. (z) wheat. Can anybody suggest me the proper explanation for given problem regarding Economics generally?

    		•
  • Q : Purchasing power of Income Effects

    Whenever the price increases for a good that you enjoy extremely and purchase regularly: (i) The purchasing power of your income is reduced. (2) You adjust more rapidly than when the good was insignificant to you. (3) Your substitution effect is over-powered by an inc

    		•
  • Q : Potential advantage of Proprietorships

    Beth and Anna each own a florist shop. After many years of rivalry, they make a decision to team up and make a partnership. The potential advantage of such a union would be that: (1) They can divide up duties and become more proficient. (2) Their partnership profits n

    		•
  • Q : Determine short-run supply curve When

    When curve C reflects the long run supply curve for this industry as in illustrated figure, in that case the short-run supply curve would be: (i) curve A. (ii) curve B. (iii) curve C. (iv) curve D. (v) curve E.

  • Q : Reasons of rent controls set under

    Rent controls set under equilibrium tend to cause: (w) simpler access to affordable housing. (x) apartment construction to boom. (y) the quantity and upkeep of rental units to fall. (z) less racial discrimination within housing.

    Q : Components of capital account Elucidate

    Elucidate the components of capital account? Answer: It records are international transactions which occupy a resident of the domestic country changing his assets wi

    		•
  • Q : Is binge drinking an economic trouble

    This binge drinking exercise observes why excessive drinking might be an economic trouble and the possible influences of government policy.

    		•
  • Q : Equal Income in Lorenz Curve When all

    When all households have equal incomes, in that case the Lorenz curve would be: (w) zero. (x) a 45 degree line. (y) 1. (z) rectangularly hyperbolic. Hey friends please give your opinion for the problem of E

    		•
  • Q : Economic of short-run shuts down firm

    When a firm shuts down within the short run, in that case it’s economic: (w) profit is zero. (x) resources have zero opportunity cost. (y) loss equals its fixed cost. (z) value to shareholders rises. Please guys help to solve

    		•
  • Q : Illustration of Distribution of Income

    An illustration of distribution of income in accord along with the contribution standard occurs while: (1) the federal government relies on a very progressive income tax for most of its revenue. (2) production is produced, “from each, according

    		•