Under what conditions is the production possibilities frontier linear rather than bowed out

Answers

Answer 1
The switching between the two goods allows the line to linear rather than bowed out.


Answer 2
Final answer:

A production possibilities frontier (PPF) can be straight under conditions where opportunity costs are constant, meaning reallocating resources from one good to another results in a consistent trade-off, which is generally a simplification for illustrative purposes.

Explanation:

The question asks under what conditions the production possibilities frontier (PPF) is linear rather than bowed out, which falls under the subject of economics. Typically, the PPF is depicted as a curve to illustrate increasing opportunity costs when reallocating resources from the production of one good to another, such as shifting resources from education to health services. However, a PPF can be a straight line if opportunity costs are constant, meaning the loss in output from reducing the production of one good and increasing the production of another remains the same regardless of the amount produced. This scenario assumes the additional workers' contribution to output does not change with the scale of production. A linear PPF is simpler for calculations and can effectively illustrate economic principles like absolute and comparative advantage, despite being less realistic.


Related Questions

The table represents the Consumer Price Index for a basket of goods and services for three consecutive years. Calculate the inflation rate for 2014.

2012 (base year) 100

2013 . 125

2014 . 180

A. 50 percent
B. 55 percent
C. 44 percent
D. 40 percent

Answers

Assuming the prices given are at the end of the year, you calculate the inflation as:

inflation percent = change in prices in a year / price at the end of the previos year

inflation percent in 2014 = [price at the end of year 2014 - price at the end of year 2013] *100 / (price at the end of year 2013)

inflation percent in 2014 = [180 - 125] *100 / 125 = 40%

Answer: 44% (option C.)


The Correct Answer Is C.) 44 percent.... Hope This Helps!!

What is the elastic clause and how does it help the constitution remain relevant?

Answers

The elastic clause is a section of the constitution of the United States of America that grants Congress the authority and power to pass all laws that are needed to carry out the enumerated list of powers. The elastic clause can be found in article 1, section 8 of the Constitution. This law basically grants congress the power to pass the laws necessary for it to carry out its own functions. 

A(n) _____ is needed to ensure that a buyer-seller relationship moves in a positive direction.

Answers

Statement of follow up action 

Select the correct words to complete the statements about two different information sources for consumers.
A fast food chain that wants to inform consumers about its latest dollar menu item will most likely use _(public relations, new technology and media, coupons)_ to do so.
_(Company reports, Industry records, Blogs)_ may inform consumers about other people’s opinions on the newest dollar menu item.

Answers

The answers are as follows:
1. A fast food chain that wants to inform consumers about its latest dollar menu item will most likely use NEW TECHNOLOGY AND MEDIA.
The fastest way for companies to get information across to their customers these days is through internet technology and its associated media. Information through these channel and fast and travel wide.

2. BLOGS may inform consumers about other people’s opinions on the newest dollar menu item.
A blog is an informational or discussional website that is published on the internet and which usually focus on a specific topic or field. Blogs can be owned by an individual or a business. Businesses use blogs these days to promote their products.

The correct answers are

New technology and media           and            blogs

:)

A 100% stacked column chart is similar to what other chart in that it converts values to percentages?

Answers

The answer is pie chart.
A 100% stacked chart is similar to pie chart as both shows the value in percentage.
Stacked column chart is the type of line chart an 100% stacked column chart is furthers extension of that in which the values are shown as the part of the whole, and in pie chart also the values are shown as the part of whole pie as percentage.
Final answer:

A 100% stacked column chart is similar to a bar graph as it converts values to percentages for easy comparison of different categories' contributions.

Explanation:

A 100% stacked column chart is similar to a bar graph in that it converts values to percentages. In a 100% stacked column chart, the height of each column represents the percentage that each category contributes to the total of that column. This allows for easy comparison of the percentage contribution of different categories.

For example, let's say we have a 100% stacked column chart showing the percentage of students in each grade level at a school. The height of each column would represent the percentage of students in that grade level, allowing us to easily compare the proportions of students in different grade levels.

Other types of charts, such as pie charts, also convert values to percentages. However, pie charts show the percentage contribution of each category to the whole, whereas a 100% stacked column chart compares the percentage contributions of different categories to the same total.

Learn more about 100% stacked column chart here:

https://brainly.com/question/28903290

#SPJ12

In a dialog box, click a(n) ____ to select one option from a group of options.

Answers

Final answer:

In a dialog box, a user clicks a radio button to choose one option from a series of options. This is common in both digital interfaces such as software settings and survey questionnaires, as well as in physical multiple-choice examinations.

Explanation:

In a dialog box, click a radio button to select one option from a group of options. Radio buttons are used when only one choice is to be made from a list of predefined options. They are often found in settings menus, installation dialogs, and multiple-choice question interfaces. For example, if a survey contains a multiple-choice question about respondents' favorite presidential candidates, each option would be accompanied by a radio button. Users select their preferred candidate by clicking the associated radio button, which indicates their choice clearly.

A similar scenario occurs during software installation processes where users might click a radio button next to a selection such as installation type - for example, 'Express' or 'Custom'. Moreover, in educational settings, multiple-choice questions on exams also use radio buttons or their physical equivalent for students to mark their answers.

Final answer:

In a dialog box, a radio button is clicked to select one option from multiple choices. This interactive element is common in multiple-choice questions present in surveys or settings like a 'Convert Text to Table' dialog.

Explanation:

In a dialog box, click a radio button to select one option from a group of options. Radio buttons are commonly used in dialog boxes for multiple-choice questions, where you can only choose one option from a set. This type of control is distinct from checkboxes, which allow multiple selections. For example, when confronted with the question of choosing a delimiter in a 'Convert Text to Table' dialog box, a radio button would be used to select a single delimiter type from the available options. Similarly, in survey research, radio buttons could be used for questions like selecting your ethnicity or preferences from a list of items.

The putting aside of all literal and practical considerations in order to enter into the world of the drama is called

Answers

It is called Willing Suspension of Disbelief. As indicated by the hypothesis, suspension of mistrust is a fundamental element for any sort of narrating. With any film, the watcher needs to disregard the truth that they are seeing a two-dimensional moving picture on a screen and briefly acknowledge it as reality keeping in mind the end goal to be engaged.
Final answer:

Suspension of disbelief is the practice of putting aside realistic expectations or skepticism in order to fully immerse oneself in a fictional narrative. It's a key component of engaging with drama and other forms of storytelling.

Explanation:

The putting aside of all literal and practical considerations in order to enter into the world of the drama is called suspension of disbelief. This term, coined by the poet Samuel Taylor Coleridge, suggests that in order for a story to be engaging, the audience must temporarily accept as true the events depicted, even if they contradict real-world facts or are otherwise implausible. It's a key element of successful storytelling, allowing the audience to be invested in the narrative regardless of the fantastical elements that may be included.

Learn more about Suspension of Disbelief here:

https://brainly.com/question/18212698

#SPJ12

True or false when stephen crane's novel, the red badge of courage was published, all of his financial problems were over.

Answers

False, Crane struggled with financials throughout his life time. after he wrote red badge of courage he began as a foreign war correspondent, but that did not solve his money problems either.

When formally addressing a woman, you might use ____.?

Answers

The word you would use is Ma’am

The answer is all of the above.

Depending on if they are married. Miss if they are unmarried. Ms. if you're not sure if they are or not married. And Mrs. if married.

Why aren‘t magazine photos a good representation ofwhat a healthy person looks like?

Answers

Magazine photos are not a good representation of what a healthy person looks like because they often show pictures of people who has a skinny and or people who only has built or toned body without having to discuss other factors that should be considered such as mentally or psychologically. They are mostly focused on the physical appearance.

Which type of unemployment is the only type of unemployment that might be significantly reduced by a government policy of stimulating the economy?

Answers

I believe the answer is cyclical unemployment. Hope this helps. Give a thanks. ♥☺

you notice that juice is now selling for much higher prices than in the past, which two things would you expect to happen next

demand will go up?
supply will go down
demand will go down
supply will go up

Answers

Answer:

demand will go down

Explanation:

The higher the price, the lower the quantity demanded. Then, the lower the price, the higher the quantity demanded

The yield on a taxable money market mutual fund earning 3.0 percent is equivalent to a ____ percent yield on a tax-exempt money market fund for a taxpayer in the 28 percent marginal tax bracket.

Answers

In order to calculate the yield after taxes to compare it to a tax-exempt money market fund we will need to subtract the taxes from the yield. The yield is 0.03 and taxes on that are 0.28. If you multiply those two you get 0.0084. If you subtract this from 0.03 you get 0.0216 which is equal to 2.16%.

Registration is a must for sole proprietorships.

a. True

b. False

Answers

a, true. hope this helped you!!!

For teachers involved in gifted education programs one of the key tasks to accomplish is

Answers

A gifted education teacher has a rewarding task, to enrich the intellect of those students who are not being challenged by the regular school curriculum. One of the key tasks is to promote a sense of community, of not being different or alone, and to ease anxiety that the student may feel by being "different">

What is the main commodity on the JEB - property/ shares/ gold/ oil ?

Answers

Gold is the main commodity on the JEB. Right now gold is trading around the $1250 level.

List 4 ways you can benefit from an sae project

Answers

You can benefit from a Supervised Agricultural Experience project in many ways. You could have your own agricultural business, you could get a job somewhere in agriculture, you could carry out an agricultural science experiment, or you could write a report on agriculture to explore it.

Who was the general manager of the ritz carlton in phoenix when they won the baldrige national quality​ reward?

Answers

The general manager are one of those people included of the founding father in expanding the company and they are namely, Horst Schulze, Ed Staros, Joe Freni and Herve Humler—alongside with the founding father, they won baldrige national quality award.

Tayesha wants to find more information about a career in architecture. which resource is most likely to give balanced, accurate information

Answers

The Bureau of Labor Statistics is usually a good starting point. This website/database allows for all types of jobs and industries to be researched. Within these titles, the career advancement data, statistics on compensation, and types of jobs within the overall umbrella are given.

The answer on e2020 is  She should use the US Bureau of Labor Statistics website since it will cover a wide range of information about the careers around the United States.

A television station interviews five movie viewers after the first showing of a movie. after finding out that all five enjoyed the movie very much, the reporter states that this movie will definitely be a big hit. this is an exaample of

Answers

The appropriate response is suspect samples. Ensure the specimen estimate is sufficiently huge and stays away from the predisposition of any sort. Examine the way in which the subjects in the example were chosen. At the point when comes about are translated from thinks about utilizing little examples, comfort tests, or volunteer specimens, care ought to be utilized as a part of summing up the outcomes to the whole populace.

A director position in research would normally require at least a ____.

Answers

A director position in research would normally require at least a PhD. It is an abbreviation for doctor of philosophy. It also the highest academic degree awarded by universities in most countries.

"when the assembly line was applied to more industries, america entered the:"

Answers

Production economy. This was a period when America was less on exporting raw goods and more into processed goods, which have greater value because of the processes that made it more manageable and usable by the public or other industries.

A written promise from one company to another to pay a specific amount of money is referred to as a _____.

Answers

commercial paper i found this on quizlet  hope I helped

Which consumer influence is represented by the action of buying an item because everyone else is doing it?

Answers

Its called a trend. Since everyone else is buying stuff people, others buy it too so they can keep up with people and their trendy stuff.

The incomes in a certain large population of college teachers have a normal distribution with mean $75,000 and standard deviation $10,000. sixteen (16) teachers are selected at random from this population to serve on a committee. what is the probability that their average salary is more than $77,500?

Answers

The probability that their average salary;
standard error
= 10,000/sqrt(16)
=10,000/4
= 2500 

(77,500 - 75000)/2500
2,500/2500
= 1 
p (z > 1) = .1587

So, the probability that their average salary is more than $77,500 is 0.1587
Final answer:

The probability that the average salary of a randomly selected group of 16 teachers is more than $77,500, under these specific conditions, is approximately 0.15866.

Explanation:

This question pertains to statistics involving the normal distribution. The initial conditions give us an average salary of $75,000 with a standard deviation of $10,000 for a population of college teachers. The problem asks what the probability is that the average salary of a randomly selected sample of 16 teachers is more than $77,500.

To solve this, we first calculate the standard error of the mean (SEM), which is the standard deviation divided by the square root of the sample size, or $10,000/√16 = $2,500. The Z-score, which measures how many standard deviations an element is from the mean, is then (X - μ) / SEM = ($77,500 - $75,000)/$2,500 = 1.

Normally, we'd look up this value in a Z-table, but the result for a Z-score of 1 is well-known - a cumulative probability of 0.84134. This is the chance the average salary is LESS THAN $77,500. We want the chance it's MORE THAN, which is 1 - 0.84134 = 0.15866.

Learn more about Probability here:

https://brainly.com/question/32117953

#SPJ3

The first step in conducting a literature search generally should be to refer to

Answers

You need to construct a well-focused question when conducting a literature search. So you would need to reference your question in order to determine which resources you should be referencing during your search.

Byron and mandy are married and have a net worth of $20,000 and total assets of $150,000. if their revolving credit and unpaid bills total $8,000, how much are their total liabilities?

Answers

Net Worth is calculated by finding the difference between total assets and total liabilities. In this problem, we are given revolving credit and unpaid bills but that is not necessary to find the total liabilities if we are given both net worth and total assets. Fill in the information we have using the formula below. Net Worth = Total Assets - Total Liabilities $20,000 = $150,000 - ? Liabilities To solve, we can see that $150,000 - $20,000 = $130,000. So Bryan and Mandy have a combined $130,000 in liabilities.

The right side any account is the

Answers

B. credit side
hope i helped 
Final answer:

In accounting, the right side of any account is called the credit side. Credits refer to the increase in liabilities, equity, and revenue accounts, and the decrease in asset and expense accounts. Debits and credits are essential to maintaining the balance in the accounting equation.

Explanation:

In accounting, the right side of any account is called the credit side.

When recording transactions, credits refer to the increase in liabilities, equity, and revenue accounts, and the decrease in asset and expense accounts. For example, when cash is received, it is credited because it increases the cash account balance.

Understanding the concept of debits and credits is fundamental in accounting and helps maintain the balance in the accounting equation.

Learn more about Accounting here:

https://brainly.com/question/33477032

#SPJ6

When mr. jones, the owner of a local hardware store, asks one of his lawnmower suppliers about the total ability of their product to meet customer needs, he is questioning the quality of that mower?

Answers

Mr Jones is questioning the quality of the product. The quality of a product refers to that product's ability to always meet or exceed the needs of consumers. Many businesses or service providers have quality assurance departments that ensure that the quality of a product always meets the consumers needs.  

What do you think the most interesting aspect of working at a crime scene why

Answers

i think being a dective would be because i like to search for things and figure out what and why it happened 
The most interesting part of a crime scene, in my opinion, is the crime scene itself, I find it the most interesting because there are multiple pieces and you can look at it like a puzzle, you can see the whole scene and it tells a story about how a crime went down.
Other Questions
If a firm has a lot of net cash flow does that mean the firm's balance sheet must be high The musical texture that is defined by independence and equality among multiple voices is What is 60000 x 1000? Two technicians are discussing ASE certification exams. Technician A says that each separate examination covers a particular automotive service area. Technician B says that the exams are offered at several times a year in a proctored computer lab on a computer. Who is right? A. Both A and BB. Neither A nor BC. A onlyD. B Only Which type of inappropriate practice most likely occurred if a researcher takes credit for someone else's idea and does not acknowledge the original source? The name of an array stores the ________ of the first array element What is the sum of -2.16 and -1.75 The hypothesis that the great serpent mound may relate to halleys comet is bolstered by A patient has severe rheumatoid arthritis affecting her hands. what measures can be taken to facilitate optimum nutrition? determine whether a historians political ideology or social ideology would influence the historians Witch of the following resources will help you plan your autobiographical narrative At Susie's school, 5/8 of all students play sports. Of the students who play sports, 2/5 play soccer. What fraction of the students in Susie's school play soccer? Who helps Rukmani and Nathan arrange a marriage for their daughter, Ira? sara nick and robin were collecting cans for a recycling project . sara collected 5 times as many cans as robin . nick collected 6 times as many cans as robin . the 3 children collected a total 216 cans . how many cans did they each collect? Khalid invested $9500 in a savings account with a yearly interest rate of 3% for 8 years. How much simple interest did he earn? what is the sum of three consecutive odd integers is 75? Shown in the figure is part of a design for a water slide. Find the total length of the slide to the nearest foot, if = 25, = 31, a = 35 ft, and b = 170 ft. Which of the following buildings would be least likely to be damage after a very large earthquake on october 17 1777 general john burgoyne surrendered to the americans at I REALLY NEED HELP PLEEEASSEvelyn has $524.96 in her checking account. She must maintain a $500 balance to avoid a fee. She wrote a check for $32.50 today. Write and solve an inequality to solve for the least amount of money she needs to deposit to avoid a fee. 524.96 32.50 + x 500; x $7.54 524.96 32.50 + x 500; x $7.54 524.96 + 32.50 x 500; x $57.46 524.96 + 32.50 x 500; x $57.46Thank you Steam Workshop Downloader