Ppf exam Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Ppf exam? On this page you'll find 117 study documents about Ppf exam.
All 117 results
Sort by
-
BSNS 113 Final Exam Revision Questions And Correct Answers. Perfect Solution For Your Exam Preparation.
- Exam (elaborations) • 5 pages • 2024
-
- $10.99
- 1x sold
- + learn more
BSNS 113 Final Exam Revision Questions And Correct Answers. Perfect Solution For Your Exam Preparation. 
 
"Economy-wide phenomena including inflation, unemployment and economic growth" is what type of economics? 
Macroeconomics 
"The study of how house holds and firms make decisions and how they interact in markets" is what type of economics? 
Microeconomics 
What is Positive Analysis? 
A statement describing how something is 
What is Normative Analysis? 
A statement describing how something sh...
-
BSNS 113 Final Exam Revision Questions and Answers 100% Pass
- Exam (elaborations) • 13 pages • 2023
-
Available in package deal
-
- $9.99
- 2x sold
- + learn more
BSNS 113 Final Exam Revision Questions and Answers 100% Pass 
"Economy-wide phenomena including inflation, unemployment and economic growth" is what type of economics? Macroeconomics 
"The study of how house holds and firms make decisions and how they interact in markets" is what type of economics? Microeconomics 
What is Positive Analysis? A statement describing how something is 
What is Normative Analysis? A statement describing how something should be 
Which of the following is most likel...
-
Econ 101 Final Exam Brent Kreider| with full latest solution
- Exam (elaborations) • 5 pages • 2023
- Available in package deal
-
- $8.99
- 1x sold
- + learn more
Econ 101 Final Exam Brent Kreider| with full latest solution 
 
What is the difference between a positive and normative statement? - A positive statement is based on facts and a normative statement is an opinion. 
If I have to drop out of college, it will cost me all of the tuition I have paid and the income I could have earned during those years while I was in college. True or false. - False because income should be considered a sunk cost and therefore not relevant to the question. 
Tonight I...
-
Econ 2110 Final Exam Clemson University Latest Update Rated A+
- Exam (elaborations) • 26 pages • 2024
-
- $9.99
- + learn more
Econ 2110 Final Exam Clemson University Latest Update Rated A+ Economics the study of how people allocate their limited resources to satisfy their nearly unlimited wants 
Micro the part of economics concerned with single factors and the effects of individual decisions 
Macro the part of economics concerned with large scale or general economic factors, such as interest rates and national productivity 
Incentives rewards r punishments that people react to 
Scarcity living in a world of finite reso...
-
ECN 211 ASU Final Exam With Questions and Correct Answers Graded A+.
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $11.99
- + learn more
ECN 211 ASU Final Exam With Questions and Correct Answers Graded A+. 
The Circular Flow Diagram - ANSWER Green arrows represent the flow of money and red 
represents to flow of goods/services 
Production possibilities Frontier/ Curve PPF: PPC - ANSWER The curve shows what is 
possible within an economy 
D- impossible 
A&B - feasible efficient 
C - feasible & inefficient 
PPF shifts out when... - ANSWER the economy can produce more of everything 
Opportunity Cost - ANSWER the cost of what you giv...
Too much month left at the end of the money?
-
TAMU ECON 203 Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A+
- Exam (elaborations) • 17 pages • 2024
- Available in package deal
-
- $12.48
- + learn more
TAMU ECON 203 Exam (Latest 2024/ 2025 Update) Questions and 
Verified Answers| 100% Correct| Grade A+ 
What are 3 gains from society when countries decide to specialize? -specialization and 
trade -more resources 
-Improvements in technology/productivity 
True or False: Every country have comparative advantage in something. True 
What are 2 gains when two countries engage in specialization and trade? -total production 
increases 
-new points reached on the PPF that were originally unattainable 
...
-
Microeconomic3 Question and answers already passed 2024
- Exam (elaborations) • 11 pages • 2024
-
Available in package deal
-
- $13.49
- + learn more
Microeconomic3 Question and answers already passed 2024 Microeconomics - Exam 1 (University of Iowa) 
 
Production Possibility Frontier (PPF) - correct answer a graph that shows the combinations of output that the economy can possibly produce given the available factors of production 
 
Conclusions of PPF - correct answer 1) Scarcity 
2) Choice 
3) Opportunity Cost of Making a Choice 
4) Increasing Opportunity Cost 
 
Opportunity cost - correct answer What a person sacrifices when they ch...
-
ppf exam updated questions with answers 2023
- Exam (elaborations) • 6 pages • 2023
-
Available in package deal
-
- $9.99
- + learn more
ppf examhow to find the y intercept from a chart 
find the slope between two points 
plug that into y = mx + b 
plug in two points into y and x 
find b 
that's your fixed fee 
 
 
 
if some of the resource is lost -- like 20 acres is unusuable, what happens to the ppf 
you just redraw the intercepts of the two good and you have the SAME opportunity cost 
there's just less land 
 
 
 
if the technology changes and the firm can make good faster or with less resources what happens to the ppf 
red...
-
ECN 211 ASU Final Exam Marburger questions with correct answers|100% verified
- Exam (elaborations) • 37 pages • 2024
-
- $10.99
- + learn more
ECN 211 ASU Final Exam Marburger questions with correct answers 
The Circular Flow Diagram Correct Answer-Green arrows represent the flow of money and red represents to flow of goods/services 
 
Production possibilities Frontier/ Curve PPF: PPC Correct Answer-The curve shows what is possible within an economy 
D- impossible 
A&B - feasible efficient 
C - feasible & inefficient 
 
PPF shifts out when... Correct Answer-the economy can produce more of everything 
 
Opportunity Cost Correct Answer-t...
-
ECN 211 ASU Final Exam With Questions and Correct Answers Graded A+.
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $10.99
- + learn more
ECN 211 ASU Final Exam With Questions and Correct Answers Graded A+. 
The Circular Flow Diagram - ANSWER Green arrows represent the flow of money and red 
represents to flow of goods/services 
Production possibilities Frontier/ Curve PPF: PPC - ANSWER The curve shows what is 
possible within an economy 
D- impossible 
A&B - feasible efficient 
C - feasible & inefficient 
PPF shifts out when... - ANSWER the economy can produce more of everything 
Opportunity Cost - ANSWER the cost of what you giv...
$6.50 for your textbook summary multiplied by 100 fellow students... Do the math: that's a lot of money! Don't be a thief of your own wallet and start uploading yours now. Discover all about earning on Stuvia