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[学习笔记] 【学习笔记】A production possibilities curve shows the combinations of t ... [推广有奖]

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flyingheart1 发表于 2019-10-29 14:04:19 来自手机 |AI写论文

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A production possibilities curve shows the combinations of two goods an economy is capable of producing.
The downward slope of the production possibilities curve is an implication of scarcity.
The bowed-out shape of the production possibilities curve results from allocating resources based on comparative advantage. Such an allocation implies that the law of increasing opportunity cost will hold.
An economy that fails to make full and efficient use of its factors of production will operate inside its production possibilities curve.
Specialization means that an economy is producing the goods and services in which it has a comparative advantage.
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关键词:Combinations combination production Product Nations

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jessie68us 发表于 2020-1-27 16:24:11 来自手机

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