Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
False - The production possibilities frontier are reachable while utilizing all resources to the fullest extent possible.
What Is the Production Possibility Frontier (PPF)?
The Production Possibility Frontier (PPF) is a curve on a graph that illustrates the viable portions that may be produced of merchandise if each rely on the equal finite useful resource for his or her manufacture. The PPF is likewise called the manufacturing opportunity curve.
PPF additionally performs a essential function in economics. For example, it could display that a nation`s economic system has reached the best degree of performance viable. The PPF is the region on a graph representing manufacturing stages that can not be received given the to be had resources; the curve represents surest stages.
As sources are taken from one product and allotted to the other, some other factor may be plotted at the curve. When you plot the factors wherein greater of X can be produced via way of means of taking sources from Y or vice versa, a curve is generated representing the most quantity of every product that may be produced as sources are reallocated.
To lean more about Production Possibility Frontier from the given link.
https://brainly.com/question/25071524
#SPJ4
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.