How does a production possibilities curve illustrate Opportunity costs?

How does a production possibilities curve illustrate Opportunity costs?
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It shows weather the item you are talking about is increasing or decreasing.
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When charted on a graph Production possibilities frontiers tend to curve?

Description : When charted on a graph Production possibilities frontiers tend to curve?

Last Answer : Yes, they do.

What could cause a production possibilities curve to move down and to the right?

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Last Answer : What is the answer ?

If the economy is producing on the production possibilities curve?

Description : If the economy is producing on the production possibilities curve?

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The bowed shape of the production possibilities curve illustrates: a. the law of increasing marginal cost b. that production is inefficient c. that production is unattainable d. the demand is relatively inelastic

Description : The bowed shape of the production possibilities curve illustrates: a. the law of increasing marginal cost b. that production is inefficient c. that production is unattainable d. the demand is relatively inelastic

Last Answer : a. the law of increasing marginal cost

The bowed shape of the production possibilities curve illustrates. a) Law of Increasing Marginal Cost b) The production is inefficient c) The production is unattainable d) The demand is relatively elastic

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Last Answer : Answer- a

If the production possibility curve is linear, then production is said to be subject of (a) constant opportunity cost (b) decreasing opportunity cost © Increasing opportunity cost (d) first increasing then decreasing opportunity cost.

Description : If the production possibility curve is linear, then production is said to be subject of (a) constant opportunity cost (b) decreasing opportunity cost © Increasing opportunity cost (d) first increasing then decreasing opportunity cost.

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illustrate innovation adoption curve?

Description : illustrate innovation adoption curve?

Last Answer : A model that classifies adopters of innovations based on their level of readiness to accept new ideas. Innovative adoption characteristics are assigned to groups to show that all innovations go through a predictable process before becoming widely adopted.

------ pricing is possible when a firm is able to reduce its manufacturing costs at a predictable rate through improved methods, materials, skills, and machinery. A)experience -curve B)price leader C)manufacturing based D)production -curve

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Where were the point of underutilization appear on a production possibilities graph?

Description : Where were the point of underutilization appear on a production possibilities graph?

Last Answer : Feel Free to Answer

How does technology increase production possibilities?

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Last Answer : Feel Free to Answer

Why are there always opportunity costs when we shift from making one to another?

Description : Why are there always opportunity costs when we shift from making one to another?

Last Answer : some resources are better suited for use in making the firstproduct.

Why are there always opportunity costs when we shift from making one to another?

Description : Why are there always opportunity costs when we shift from making one to another?

Last Answer : some resources are better suited for use in making the firstproduct.

The basic capital budgeting principles involved in determining relevant after-tax incremental operating cash flows require us to . A. include sunk costs, but ignore opportunity costs B. include opportunity costs, but ignore sunk costs C. ignore both opportunity costs and sunk costs D. include both opportunity and sunk costs

Description : The basic capital budgeting principles involved in determining relevant after-tax incremental operating cash flows require us to . A. include sunk costs, but ignore opportunity costs B. include ... C. ignore both opportunity costs and sunk costs D. include both opportunity and sunk costs

Last Answer : B. include opportunity costs, but ignore sunk costs

PPC advertising offers a unique opportunity to ____A. Generate Leads at High Costs B. Grow Your Customer Base C. Generate Leads at Low Costs D. Both B and C ______.

Description : PPC advertising offers a unique opportunity to __________. A. Generate Leads at High Costs B. Grow Your Customer Base C. Generate Leads at Low Costs D. Both B and C

Last Answer : D. Both B and C

Economic cost is the sum of________ a). Variable and fixed costs b). Variable, fixed and opportunity costs c). Fixed and opportunity costs d). Variable, fixed and marginal costs

Description : Economic cost is the sum of________ a). Variable and fixed costs b). Variable, fixed and opportunity costs c). Fixed and opportunity costs d). Variable, fixed and marginal costs

Last Answer : b). Variable, fixed and opportunity costs

Illustrate with neat sketch the process to control production of NOx in combustion chamber.

Description : Illustrate with neat sketch the process to control production of NOx in combustion chamber.

Last Answer : Method to control NOx: The EGR system is used to reduce the amount of NOx in the exhaust. NOx production increases as the temperature inside the combustion chamber rises due to acceleration or heavy engine loads, ... (less than 10% of total) to be supplied into the incoming air: fuel mixture.  

Considers the total cost of ownership, or development plus support costs, for a project. A. Learning Curve Theory B. Life Cycle Costing C. Parametric Modeling D. Rate of Performance

Description : Considers the total cost of ownership, or development plus support costs, for a project. A. Learning Curve Theory B. Life Cycle Costing C. Parametric Modeling D. Rate of Performance

Last Answer : B. Life Cycle Costing

A business is able to reduce total cost by spreading fixed costs across a wider range of products. This is known as…. A. Economies of Scope B. The Experience Curve C. Economies of Capacity D. Economies of Scale

Description : A business is able to reduce total cost by spreading fixed costs across a wider range of products. This is known as…. A. Economies of Scope B. The Experience Curve C. Economies of Capacity D. Economies of Scale

Last Answer : Economies of Scale

A business is able to reduce total cost by spreading fixed costs across a wider range of products. This is known as…. A. Economies of Scope B. The Experience Curve C. Economies of Capacity D. Economies of Scale

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Last Answer : Economies of Scale

The fixed cost on such factors of production which are neither hired nor bought by the firm is called - (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Description : The fixed cost on such factors of production which are neither hired nor bought by the firm is called - (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Last Answer : (1) social cost Explanation: Social cost is defined as a sum of the private cost and external costs. The social cost is generally not borne by an individual. It may be borne by entire society, city or ... seller sells any product or item to buyer. This cost is added up from the use of that product.

The opportunity cost of a factor of production is - (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Description : The opportunity cost of a factor of production is - (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Last Answer : (4) what it can earn in some other use. Explanation: The opportunity cost of a choice is the value of the best alternative forgone, in a situation in which a choice needs to be made between ... given limited resources. It is equivalent to what a factor could earn for the firm in alter-native uses.

Opportunity cost of production of a commodity is - (1) the cost that the firm could have Incurred when a different technique was adopted (2) the cost that the firm could have incurred under a different method of production (3) the actual cost incurred (4) the next best alternative output

Description : Opportunity cost of production of a commodity is - (1) the cost that the firm could have Incurred when a different technique was adopted (2) the cost that the firm could have incurred under a different method of production (3) the actual cost incurred (4) the next best alternative output

Last Answer : (4) the next best alternative output Explanation: The concept of opportunity cost is based on scar-city and choice. The opportunity cost of a commodity is the next best alternative commodity ... to produce alternative goods and services. If one commodity is produced another commodity is sacrificed.

Comparative advantage occurs when (a) A country can produce more goods than anyone else (b) A country has a lower opportunity cost in the production of a good than any other country © A country has more product lines than other countries (d) The exchange rate appreciates.

Description : Comparative advantage occurs when (a) A country can produce more goods than anyone else (b) A country has a lower opportunity cost in the production of a good than any other country © A country has more product lines than other countries (d) The exchange rate appreciates.

Last Answer : (b) A country has a lower opportunity cost in the production of a good than any other country

Opportunity cost of increasing production of Gun to 5 units in combination F is –tons of bread (a) 200 ; (b) 100 ; (c) 600 ; (d) 500

Description : Opportunity cost of increasing production of Gun to 5 units in combination F is –tons of bread (a) 200 ; (b) 100 ; (c) 600 ; (d) 500

Last Answer :  (c) 600

Opportunity cost of increasing production of Gun to 4 units in combination E is –tons of bread (a) 200 ; (b) 500 ; (c) 300 ; (d) 400

Description : Opportunity cost of increasing production of Gun to 4 units in combination E is –tons of bread (a) 200 ; (b) 500 ; (c) 300 ; (d) 400

Last Answer :  (b) 500

Opportunity cost of increasing production of Gun to 3 units in combination D is –tons of bread (a) 200 ; (b) 100 ; (c) 300 ; (d) 400

Description : Opportunity cost of increasing production of Gun to 3 units in combination D is –tons of bread (a) 200 ; (b) 100 ; (c) 300 ; (d) 400

Last Answer : ; (d) 400

PPF is negative sloped due to (a) Scarcity of production resources ; (b) Unlimited wants ; (c) Improvement in technology; (d) Increasing opportunity cost

Description : PPF is negative sloped due to (a) Scarcity of production resources ; (b) Unlimited wants ; (c) Improvement in technology; (d) Increasing opportunity cost 

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If production possibility frontier is linear it implies (a) Constant opportunity cost ; (b) Economy is stagnant; (c) Underemployment of factor of production ; (d) With the increase in production, opportunity cost also increases

Description : If production possibility frontier is linear it implies (a) Constant opportunity cost ; (b) Economy is stagnant; (c) Underemployment of factor of production ; (d) With the increase in production, opportunity cost also increases

Last Answer : (a) Constant opportunity cost 

The opportunity cost of a factor of production is (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Description : The opportunity cost of a factor of production is (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Last Answer : what it can earn in some other use.

Opportunity cost of production of a commodity is (1) the cost that the firm could have incurred when a different technique was adopted (2) the cost that the firm could have incurred under a different method of production (3) the actual cost incurred (4) the next best alternative output

Description : Opportunity cost of production of a commodity is (1) the cost that the firm could have incurred when a different technique was adopted (2) the cost that the firm could have incurred under a different method of production (3) the actual cost incurred (4) the next best alternative output

Last Answer : the next best alternative output

The fixed cost on such factors of production which are neither hired nor bought by the firm is called (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Description : The fixed cost on such factors of production which are neither hired nor bought by the firm is called (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Last Answer : social cost

What are the possibilities of me having ASPD when I turn 18?

Description : What are the possibilities of me having ASPD when I turn 18?

Last Answer : I'm really sorry to hear you're struggling. Unfortunately, nobody here can tell you whether your diagnosis is correct. Misdiagnoses are common, maybe especially in young people. But that doesn't ... you trust? Having a professional in your corner might help you make sense of different opinions.

Should Trump’s Presidency be viewed as enlightening the public to possibilities afforded the disabled?

Description : Should Trump’s Presidency be viewed as enlightening the public to possibilities afforded the disabled?

Last Answer : Ohhh. Good question.

2007 Camry won't start what are main possibilities with this sound?

Description : 2007 Camry won't start what are main possibilities with this sound?

Last Answer : Loud clicking sound is usually the alternator.

Are uncertain possibilities: hope, luck, chance, or other?

Description : Are uncertain possibilities: hope, luck, chance, or other?

Last Answer : For any of those phenomenon, something is real, the people involved experienced something. That something could be the effects of brain chemistry imbalance or the touch of the Flying Spaghetti Monster's ... aliens, astral travel, time travel, reincarnations, etc. are as good as it gets sometimes.

What are the benefits & possibilities with an unlocked iPhone?

Description : What are the benefits & possibilities with an unlocked iPhone?

Last Answer : You will be able to use non AT&T sim cards in your iphone. This will be really useful if you travel abroad as you will be able to swap in a local sim and then save a fortune on call and data.

What are some possibilities of left side abdomen pain?

Description : What are some possibilities of left side abdomen pain?

Last Answer : answer:My first thought: Kidney Stone. But it could be anything from constipation, bowel issues or diverticulitis since you say you're small and fat, it could even be left side liver pain. I am not a ... or it gets worse. EDIT: Does this pain subside when you walk or exercise? Or does it worsen?

My MacBookPro dekstop image randomly change this morning what are the possibilities of why?

Description : My MacBookPro dekstop image randomly change this morning what are the possibilities of why?

Last Answer : What image did it change to?

How much would it cost to buy all the possibilities for a super lotto?

Description : How much would it cost to buy all the possibilities for a super lotto?

Last Answer : Somewhere just above 20 million, I think. So if the Lotto is up to over 21 million and you've got a spare 20 million hanging around, go for it. Actually, it should be over 21 million just in case you have ... just a plain old six number, 1 to 52, Lotto. Throw in a Megaball and you're on your own.

Is there really an infinite number of possibilities for Sudoku puzzles?

Description : Is there really an infinite number of possibilities for Sudoku puzzles?

Last Answer : No. A “very large number” is not the same as an “infinite number”.

Scholarship Possibilities?

Description : Scholarship Possibilities?

Last Answer : No, you can definitely exploit almost all of that stuff. I know it sounds bad but it's true. Fastweb is a good website for finding tons and tons of scholarships. All you have to do is create ... Sep. 11 . So I would look there. You can also look for scholarships based on professional career goals.

How can i best maximize search possibilities with meta tags?

Description : How can i best maximize search possibilities with meta tags?

Last Answer : answer:Meta tags are pretty much useless these days (at least with the bigger search engines). Too easy to litter them with loads of keywords which don't actually relate to the page's content. ... it in well-formatted, valid and semantic HTML. Forget about meta tags for SEO, they're dead.

‘Overlapping social differences create possibilities of deep social divisions and tensions.’ Explain. -SST 10th

Description : ‘Overlapping social differences create possibilities of deep social divisions and tensions.’ Explain. -SST 10th

Last Answer : When one social difference overlaps another difference, it is known as overlapping social differences. Overlapping social differences between Blacks and Whites became a social division in the ... social divisions which are harmful for democracy and weaken the basic foundation of democracy.

Which kind of social differences create possibilities of deep social divisions and tensions ? -SST 10th

Description : Which kind of social differences create possibilities of deep social divisions and tensions ? -SST 10th

Last Answer : Overlapping social divisions.

(a) ___ Social differences create possibilities of deep social divisions and tensions. -SST 10th

Description : (a) ___ Social differences create possibilities of deep social divisions and tensions. -SST 10th

Last Answer : (a) Overlapping (b) cross-cutting

Give one example to show overlapping social differences create possibilities of deep social divisions and tensions. -SST 10th

Description : Give one example to show overlapping social differences create possibilities of deep social divisions and tensions. -SST 10th

Last Answer : Catholics and Protestants have had conflicts in Northern Ireland.

What are the possibilities of information and communication technology to solve the problem of unemployment in Bangladesh ?

Description : What are the possibilities of information and communication technology to solve the problem of unemployment in Bangladesh ?

Last Answer : The number of information technology users around the world is increasing day by day. Today, the use of information technology has created an unprecedented opportunity in the daily workplace ... and communication technology is creating a new possibility to overcome the problem of unemployment.

What are the possibilities ?

Description : What are the possibilities ?

Last Answer : Probability is the mathematical measure of whether an event will happen or not.

In the pyramid of numbers find out the correct possibilities

Description : In the pyramid of numbers find out the correct possibilities

Last Answer : In the pyramid of numbers find out the correct possibilities A. Level PP is phytoplanktons in ... insects and level SC is small insectivorous birds.

When A game involves rolling 2 dice. draw a tree diagram to show all of the possibilities.?

Description : When A game involves rolling 2 dice. draw a tree diagram to show all of the possibilities.?

Last Answer : A tree diagram for 2 dice is not a sensible approach to thequestion. You have the starting point from which there are sixprimary branches representing the six possible outcomes for thefirst die. Then, from ... draw such a tree diagram: a 6x6 table is a much better way torepresent the outcome space.