What would happen to the future production possibilities, Ask an Expert

Economics

Assume that capital goods are on the vertical axis of a production possibilities graph and that consumer goods are on the horizontal axis. What would happen to the future production possibilities curve (PPC) on this graph, if today's production of capital goods exceeds the depreciation of capital?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M942324

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question fiscal measures may help a recessionary condition

Question: Fiscal measures may help a recessionary condition in the economy. Do you think we are moving towards a recessionary lag under the new administration? If yes, suggest measures to rectify the situation. If not, j ...

Question explain why the accumulation of external debt is a

Question: Explain why the accumulation of external debt is a common phenomenon for developing countries and spiraled in the 1980s. What role did commercial banks played? The response must be typed, single spaced, must be ...

Question purpose to assess your ability to1describe and

Question: Purpose: To assess your ability to: 1. Describe and explain the law of demand 2. Describe and explain the law of supply 3. Explain the role of price in reaching a market equilibrium Action Items 1. Post a real- ...

Question in an attempt to help the farm sector congress has

Question: In an attempt to help the farm sector, Congress has several times passed legislation initiating and then extending the requirement that ethanol be blended with gasoline sold at the pump in many states. Because ...

Question expected utility question a worker currently makes

Question: Expected Utility question: A worker currently makes $1,200 per month waiting tables in Alabama. His friend in New York tells him that there might be a temporary job for him in New York that pays more. But, he w ...

Question using the midpoint method find the cross-price

Question: Using the midpoint method, find the cross-price elasticity of demand for FedEx and UPS overnight shipping if the price of FedEx increased from $65 to $75 and the quantity demanded of UPS went up from 1.2 millio ...

Question labor migration may be considered an investment in

Question: Labor Migration may be considered an investment in human capital. A. Identify and detail three costs and benefits of labor migration. B. Use the analytical framework of human capital investment to explain the m ...

Question what is the maximum amount you would be willing to

Question: What is the maximum amount you would be willing to lend someone if they promise to give you $1000 per month for 52 months and your MARR is 12%? The response must be typed, single spaced, must be in times new ro ...

Question we the people is a national chain that offers

Question: We The People is a national chain that offers paralegal services such as filing forms in court for property transfers, wills, and simple bankruptcies.26 It charges flat fees for such services. Why might it choo ...

Question 1 what is the key difference between the models

Question: 1. What is the key difference between the model's parameters and endogenous variables? 2. What is the difference between endogenous and exogenous variables? The response must be typed, single spaced, must be in ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert