PPF图 主要是来体现机会成本(opportunity cost)生产一样物品的代价是什么 不管是经济学还是其他学科,把复杂的事物先简化,理解了就知道,更复杂的情况如何进行推导 所以假设就是一个国家只可以生产两种商品A和B x点为可以生产却不是最有效的点,y是可以生产且最有效的点,z为不可以达到的点。 国与国之间为什么要交易...
PPF and Opportunity Cost Maximum possible combinations of food and clothing that can be produced in a given period of time: Create the Production Possibility Frontier for this nation. Questions…. What is the opportunity cost of moving from producing 4 million units of food to 5 million units o...
然而,一个国家在其生产的一切都具有比较优势是不可能的,所以它总是能够从贸易中受益。 Read more:Economics Basics: Production Possibility Frontier, Growth, Opportunity Cost and Trade | Investopediahttp://www.investopedia.com/university/economics/economics2.asp#ixzz4cLBtLvVX Follow us:Investopedia on Face...
OpportunityCostandPPF 系统标签: ppfopportunitycostsacrificedcostsalternatives ©RLarryReynolds1999Opportunitycostisafundamentalconceptinmicroeconomics.Opportunitycostistheresultoftheneedtomakechoicesinaworldcharacterizedbyrelativelyscarceresources.Becauseofrelativescarcity,anyalternativechosenrequiresthesacrificeofotheralternatives...
Opportunity cost: Producing more chocolate wafers, would mean producing fewer gummy bears. The PPF is a graph with an X axis (horizontal) and a Y (vertical) axis, and each axis represents a business initiative, like the production of a good. For concrete examples, imagine you run a candy...
PPF and Opportunity Cost: The opportunity cost of a product is the alternative that must be given up to produce that product. PPF illustrates the concept of opportunity cost. The opportunity cost of producing more butter is fewer guns. As we move from ‘E’ to ‘F...
Chapter One – Section Three Economic Choices and Decision Making Chapter 1 Economics The study of how people try to satisfy seemingly unlimited & competing wants through the careful use of relatively scarce resources. Today’s DOA Why is it important to evaluate trade-offs and opportunity cost wh...
Law of Increasing Opportunity Cost | Calculation & Examples from Chapter 3 / Lesson 8 286K What is the law of increasing opportunity cost? Learn how to calculate opportunity cost, see law of increasing opportunity cost examples, and view graphs. Related...
The production possibility curve illustrates the maximum possible output for two products when there are limited resources. It also illustrates the opportunity cost of making decisions about allocating resources. Businesses and economists use the production possibility frontier (PPF) to consider possible pro...
The production possibility curve illustrates the maximum possible output for two products when there are limited resources. It also illustrates the opportunity cost of making decisions about allocating resources. Businesses and economists use the production possibility frontier (PPF) to consider possible pro...