Explain using an appropriate diagram the factors the cause the shift of the Production Possibilities Curve
Explain using an appropriate diagram the factors the
cause the shift of the
Production Possibilities Curve
Homework Answers
Sol :
Production possibilities curve is the curve which shows the possible combination of two goods that can be produced with the given reaources and technology.
PPC can be shift in the following two ways :
- Increase in resource of the goods
- Increase in technology
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Explain using an appropriate diagram the factors the
cause the shift of the
Production Possibilities Curve
Which one of the following will cause the production possibilities curve to shift outward? increased...
Which one of the following will cause the production possibilities curve to shift outward? increased government regulation of the financial sector reallocation of resources toward food production decreased unemployment improved public education
Which of the following can cause an outward shift in the production possibilities curve? a.An increase...
Which of the following can cause an outward shift in the production possibilities curve? a.An increase in the quantity of labor b.An increase in the stock of capital c.An improvement in the quality of resources d.An improvement in technology e.All of the above f.None of the above
otes more of its res B. Cause its producti its production possibilities curve to shift outward...
otes more of its res B. Cause its producti its production possibilities curve to shift outward in the future. on possibilities curve to shift inward in the future. urces to capital investment is likely to ase the sl ope of its production possibilities curve. its production possibilities curve slope of 6. The demand curve shows A. How B The C. How muc much people are willing and able to buy at every price amount that people are willing and able...
Various factors cause a demand curve to shift. List four different factors and explain them fully...
Various factors cause a demand curve to shift. List four different factors and explain them fully as determinants of demand.
Various factors cause a demand curve to shift. List four different factors and explain them fully...
Various factors cause a demand curve to shift. List four different factors and explain them fully as determinants of demand.
46 a)Which of the following factors will cause the aggregate demand curve to shift to the...
46 a)Which of the following factors will cause the aggregate demand curve to shift to the right? A.reduction in the aggregate price level B.decrease in foreign income C.reduction in personal income taxes D.increase in interest rates b)Which of the following will NOT shift the aggregate supply curve to the right? A.a decrease in corporate taxes B.the discovery of cheap solar energy C.an increase in the minimum wage D.the development in the methods of production of nanotechnology PreviousNext
QUESTION 4 Refer to the diagram. Other things equal, this economy will shift its production possibilities...
QUESTION 4 Refer to the diagram. Other things equal, this economy will shift its production possibilities curve outward the most if: 8 Consumer Goods it chooses point B. the ratio of capital to consumer goods is minimized. c, chooses point A. 0 d. it chooses point C
Consider any two factors (determinants) that cause the supply curve to shift for the company you...
Consider any two factors (determinants) that cause the supply curve to shift for the company you work or one you have worked for in the past. Then, explain what these two factors are, what caused these two factors to change, and how your firm dealt with these changes. Did the changes have the expected or predicted effects on price (P) and quantity (Q)?
An economy's production possibilities curve could shift outward as a result of a(n) a) increase in...
An economy's production possibilities curve could shift outward as a result of a(n) a) increase in labor and capital b) reduction in the quantity of capital goods c) decrease in the production of goods or d) decrease in the amount of available resources?
O Is reflected by a shift of the production possibilities curve to an inet Increase in...
O Is reflected by a shift of the production possibilities curve to an inet Increase in the production of one good; while decreasing productio Question 46 A tax on imports of electronic equipment is an example of: an embargo limited quota. a free trade policy a tariff a quota Question 47 An initial deposit of $10.000 at a ratio of 10% from currency in circu change in the composition of the money supply by
otes more of its res B. Cause its producti its production possibilities curve to shift outward in the future. on possibilities curve to shift inward in the future. urces to capital investment is likely to ase the sl ope of its production possibilities curve. its production possibilities curve slope of 6. The demand curve shows A. How B The C. How muc much people are willing and able to buy at every price amount that people are willing and able...
QUESTION 4 Refer to the diagram. Other things equal, this economy will shift its production possibilities curve outward the most if: 8 Consumer Goods it chooses point B. the ratio of capital to consumer goods is minimized. c, chooses point A. 0 d. it chooses point C
O Is reflected by a shift of the production possibilities curve to an inet Increase in the production of one good; while decreasing productio Question 46 A tax on imports of electronic equipment is an example of: an embargo limited quota. a free trade policy a tariff a quota Question 47 An initial deposit of $10.000 at a ratio of 10% from currency in circu change in the composition of the money supply by
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