good? behavior would probably be the answer.
A shift to the right (or outward) in a ppc/ppf represents expansion, which may be brought about by better utilizing current resources (improved technology) or by gradually acquiring more resources.
The Production Possibility Frontier (PPF): What Is It?
The production possibility frontier (PPF) is a graphed curve that shows the possible output of two items whose production is reliant on a single finite resource. The PPF is often referred to as the production possibility curve.
PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness.
to know more about Production Possibility Frontier (PPF)
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Answer:D
Explanation: :) trust me look at meh face
Answer:
A) 30 pies and 100 cakes.
Explanation:
Kim can produce 40 pies or 400 cakes an hour. Liam can produce 100 pies or 200 cakes an hour.
Since each one will specialize in the production of the good in which they have a comparative advantage, Kim will produce cakes and Liam will produce pies.
before specialization Kim produced 20 pies and 200 cakes, while Liam produced 50 pies and 100 cakes.
So the total gains from trade are:
- 50 pies - 20 pies = 30 pies
- 200 cakes - 100 cakes = 100 cakes
Answer:
B) Product departmentalization
Explanation:
Ballooshu is using product departmentalization because it is dividing the company according to product lines.
As a diarly cooperative, management probably believes that the most efficient form of organization is according to the products that it makes.
The cheese department will focus on producing cheese, the ice cream department will focus on making ice cream, the milk department will focus on the production of milk, and so on.
