Production possibilities frontier, PPF, is defined as a representation of the point at which a country’s economy is most efficiently producing its goods and services. Efficient production means allocating its resources in the best way possible.
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The points in the PPF shifts outward. The more efficient production is the more the PPF shifts outward. With this in mind, any point found inside the PPF means that there is inefficient resource allocation. If the PPF shifts inward, it means that the efficiency production is regressing and available resources are not fully used to its potential which will lead to a downward turn of the economy.
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Answer:
Answer: 155.12km
Step-by-step explanation:
sin(64˚) x 78 = 70.11 (2DP)
70.12 (2DP) + 85 = 155.1059356 (155.12 - 2DP)
Answer:
Rs. 250
Step-by-step explanation:
The price of 41 g. apple is Rs 10.25
The price of 1 g. apple is Rs 10.25/41, = Rs 0.25
The price of 1 Kg (1000 g.) is 0.25 x 1000 = Rs 250
1.981: One and nine hundred eighty-one thousandths
