A change from an inefficient mix to an efficient mix of output would best be represented with a production possibilities frontie

Question

Katen [24]

3 years ago

15

A change from an inefficient mix to an efficient mix of output would best be represented with a production possibilities frontie

r (ppf) as a:

Business

1 answer:

barxatty [35] · Answer 1 · 2021-11-16T13:51:36+03:00

It would be best presented as <span>movement from inside the PPF onto the PPF
The curve of </span>The production possibility frontier (<span>PPF) will show the curve that project/depict the possibilities for maximum output possibilities for two different goods. The projection that shown by the PPF is created with the assumptions that all resources are used efficiently.</span>