This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Moving on a bowed out PPF, what happens to the opportunity cost of its production as a nation ... (Read 50 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
Moving on a bowed out PPF, what happens to the opportunity cost of its production as a nation specializes more in one product?
 
  What will be an ideal response?

Question 2

Which of the following shifts the supply of loanable funds curve?
 
  A) change in investment demand
  B) change in animal spirits
  C) change in the real interest rate
  D) change in disposable income
  E) change in expected profit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Madisongo23

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

The bowed out PPF indicates that as the amount of the good produced increases, the good's opportunity cost increases.

Answer to Question 2

D


kshipps

  • Member
  • Posts: 571
Reply 2 on: Jun 29, 2018
:D TYSM

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Pathway of urine production and elimination. Pathway of urine production and elimination.
Gradient Flow:Upper air moving from areas of higher pressure to areas of lower pressure undergo ... Gradient Flow:Upper air moving from areas of higher pressure to areas of lower pressure undergo ...
Global Coffee Production Global Coffee Production
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
Nonshivering heat production Nonshivering heat production
Video: Fermentation - When Oxygen Is Absent, Pyruvate to Lactate & Pyruvate to Ethanol

For a complete list of videos, visit our video library