Answer to Question #88988 in Microeconomics for ricard

Question #88988
2 Discuss the underlying assumption of the shape of the above drawn diagram and comment on how
likely this could be true with respect the above scenario.
1
Expert's answer
2019-05-03T08:36:28-0400

PPF shows possible combinations of earnings potential between the two careers, and is depicted as a line. That is likely to be true as a result of the flexible employment conditions which give the possibility to combine the two careers without any additional costs or changes in productivity.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS