Production possibilities curve does not show:

Related MCQs

• The curve showing the possibilities of production of desired good is known as:
• The total product curve may initially show output increasing at an increasing rate as more labour is hired because of the:
• The MC curve cuts the AC curve at
• If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
• Which of the following Elasticities measure movement along a curve, rather than a shift in the curve:
• A production possibility curve is concave to the point of origin because of
• As per indifference curve analysis consumer equilibrium is attained when
• At the point of tangency the slope of indifference curve is
• Income consumption curve of an inferior commodity is
• In case of a convex indifference curve