answersLogoWhite

0


Best Answer

as in production possibility curve compares production rates of two commodities, this compares prices of different commodities.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is trading possibility frontier?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the effect of war on a production possibility frontier?

production possibility frontier shift leftward


How can you reach beyond the production possibility frontier?

With the introduction of new technology and new resources will shift the production possibility frontier.


What are other names of production possibility frontier?

production possibility curve


What does PPF stand for in economics?

Production Possibility Frontier.


What are the other names for production possibility curve?

other names for production possibility curve are: production possibility boundary production possibility frontier transformation curve.


How would a production possibility frontier would be effected by a reduction in the standard number of hours worked?

How would a production possibility frontier would be effected by a reduction in the standard number of hours worked?


What the axes of the production possibility frontier measure?

quantities of productive inputs


What are the other names for production possibility boundary?

other names for production possibility boundary are: production possibility curve production possibility frontier transformation curve.


Under what conditions is the production possibilities frontier linear?

under what conditions an econoy would be operating inside its production possibility frontier?


What is the relationship between production possibility frontier and opportunity cost?

An opportunity cost is the alternative choices that can be made with the allocation of scarce resources. A production possibility frontier is a graph illustrating those opportunities and comparing their results.


How do you get Celebi in Pokemon Emerald without trading or cheating?

beat the battle frontier!


What is an important concept of Production possibility frontier?

an important concept of production possibility frontier is when you bang your head and think again if you should be using the net instead of roaming the libraries.. this question is and idiotic one... f*ck you!