Under what circumstances will ppc (Production possibility curve) be convex to origin?
Under what circumstances would production possibility curve be bowed in the origin?
What does a straight line production possibility mean? Why doesn't the supply curve start from the origin? What are the 3 stages of production in economics? Why doesn't the supply curve go to infinity at any price that is higher than its production price? What are the limitations of general supply curve and demand curve? What are the assumptions made for plotting this curve? What would cause a demand curve to shift to the right? What are the stages of production? What is the scope of production engineering? Why the graph of demand and supply curve is not actually curved? What scopes for production engineering? In economics, what factors may cause the demand curve to shift to the left? What happens when the demand curve shifts to the left? What are the causes? How is the parametrization of the curve found? What does a demand curve illustrate? Suppose that the demand curve is vertical while the supply curve slopes upward. If a tax is imposed in this market who ends up paying it? Why? What is a factor of production? Why are supply and demand curves depicted as straight lines? What is factor of production? What is production line? Why are demand curves downward sloping? Emerging topic for research in production? What will happen if we dont provide development length? What are the characteristics of a demand curve? Which has a stronger impact in determining the market price, the supply curve or the demand curve? What is demand curve? Explain before curve? What is a Production Line? How can supply curve tell about marginal cost? What is an abnormal demand curve? What is the problems of trade manufactured goods between developed and developing countries?