sbanoali7472 sbanoali7472
  • 14-01-2020
  • Business
contestada

Consider the production possibilities frontier model for an economy that produces only two goods: barley and cars.

Respuesta :

eyukwe
eyukwe eyukwe
  • 15-01-2020

Answer:

Production Possibilities Frontier

Explanation:

In a theoretical economy, the production possibilities frontier, is the curve that shows the  combination of goods produced (barley and cars) by an economy given a limited resource. Furthermore the more goods (barley) is produced, the less cars are produced. Thus, for every additional barley's produced, there's an opportunity cost of cars.

Answer Link

Otras preguntas

The CMS publishes the relative value units (RVUS) as a part of the A. Ambulatory fee schedule. B. Medicare fee schedule. C. Federal Coding and Reimbursement Reg
in what way does marlow stand out compared to other sailors
Evaluate(-4+3)-(2-6)=
simplify this expression leaving your answer in index form​
One of those items not available
f(x) = x2. what is g(x)​
How many miles of paved roads are there in the U.S.? How would you attempt to find the answer?
3. There are 16 kids at Don's birthday party. Each kid will get 1/2 of a brownie. How many browniesdoes his mom have to buy to make sure everyone gets their sha
A food chain is shown between the phytoplankton, sea-nettle jellyfish, and copepods. Identify the producer, primary consumer, and secondary consumer in this foo
roms In dealing with the Cherokee, the state governments refused to: O A. Honor previous treaties. O O O B. Discourage crimes by settlers. C. Enforce court ruli