The slope of the production possibility frontier shows
a. the marginal rate of substitution between the two goods.
b. the relative marginal costs of the two goods.
c. the efficient combination of outputs possible using fixed amounts of input.
d. the relative marginal productivities of the two goods.
Question 2
Suppose two goods (X and Y ) are being produced efficiently and that the production of X is always more labor intensive than the production of Y. Production depends only on two factors (capital and labor); these may be smoothly substituted for each other. The total quantities of these inputs are fixed. An increase in the production of X and a decrease in the production of Y will
a. increase the capital-labor ratio in each firm.
b. decrease the capital-labor ratio in each firm.
c. leave the capital-labor ratio for each firm unchanged.
d. increase the capital-labor ratio in Y production and decrease the capital-labor ratio in X production.
The heme group viewed from the side. This view shows the two coordination bonds to Fe2+
The photo shows an ultrasound image of a fetus of about 20 weeks’ gestational age.
Respiratory Rate Ranges of Various Age Groups
Advection of an air mass with a different ELR (environmental lapse rate).
How to integrate using inverse trigonometric substitution (Question 2)
Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v