philipnnajiofor1136 philipnnajiofor1136
  • 04-09-2019
  • Business
contestada

As you move from one efficient point on the production possibilities frontier (PPF) to another efficient point on the PPF, you experience:

Respuesta :

DelcieRiveria DelcieRiveria
  • 10-09-2019

Answer:

Change in opportunity cost.

Explanation:

A production possibilities frontier shows the different bundles or combinations of goods or services that can be produced using the given resources.  

This curve is concave to the origin because of increasing marginal opportunity cost. This means that as we go on increasing output, the opportunity cost of sacrificing its alternative.  

When you move from one efficient point on the PPF to the other point the opportunity cost changes.

Answer Link

Otras preguntas

Imagine you were going back to school or on a trip to the Nairobi National Park. write a packing list of the things that you will require.​
How do you know measurements are accurate
can i please have help
the Rockies and the Appalachians are two major mountain ranges in the United States. Which type of plate movement caused these mountain ranges to form
PLZ PLZ PLZ HELP THS IS DUE TODAY!!! Dealing with advertising clutter is one of the challenges of database marketing. False True
-2x<10 someone PLEASEE
Help please!! Thanks a lot I’m advance
Can someone help me answer these questions
Both amines and amides are derivatives of acetic acid sodium hydroxide ammonia sodium chloride
There are 30 female performers in a dance recital. The ratio of men to women is 4:5. How many men are in the dance recital?