What happen to future production possibilities curve, Microeconomics

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What happen to future production possibilities curve

Assume that capital goods are on the vertical axis of a production possibilities graph and that consumer goods are on the horizontal axis. What would happen to the future production possibilities curve (PPC) on this graph, if today's production of capital goods exceeds the depreciation of capital?

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Microeconomics: What happen to future production possibilities curve

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Microeconomics: What happen to future production possibilities curve

Reference No:- TGS042324

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Explain labor is a resource necessary to produce many goods

Q : Evaluating discounted payback period

Q : Problem regarding itemized deductions

Q : What is the profit (or loss) using the replacement equipment

Q : What happen to future production possibilities curve

Q : What is irma taxable income

Q : Explain is policy a contradiction

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What happen to future production possibilities curve

Reference No:- TGS042324

Recent Questions Asked Microeconomics

Q : Explain labor is a resource necessary to produce many goods

Q : Evaluating discounted payback period

Q : Problem regarding itemized deductions

Q : What is the profit (or loss) using the replacement equipment

Q : What happen to future production possibilities curve

Q : What is irma taxable income

Q : Explain is policy a contradiction

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Q : Determine the amount of payroll cost

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