michaelcarroll8612 michaelcarroll8612
  • 18-01-2022
  • Arts
contestada

Difference betwn budget constraint and production possibilities frontier

Respuesta :

kjduron14 kjduron14
  • 18-01-2022

Answer:

A budget constraint model shows the purchase choices that an individual or society can make given a specific budget and specific purchase prices. The production possibilities frontier shows the possible combinations of two products or services that could potentially be produced by a society.

Explanation:

Answer Link

Otras preguntas

why is 42.300 equal to 42.3
Which is more, 5,280 feet or 1 mile?
The workers in the United States, Canada, The Netherlands, Germany, and Japan are the highest paid and most productive workers in the world. Which of the follow
Which ratios are proportional to 40 : 15? Choose all answers that are correct. A. 3 : 8 B. 8 : 3 C. 90 : 240 D. 120 : 45
3+x>10 solve the answer to this problem
what two factors affect the rate of acceleration of an object ?
0.729 rounded by the nearest tenth
Min Jee is renovating a house. The living room is a rectangle 22 2/3 feet long and 17 1/4 feet wide. Min Jee wants to put in new flooring in the living room. T
What is the prefix for the word joyful
Which of the following is equivalent to the expression below? (51 x 19) over (51 x 27) 51/19, 51/27, 1 or 19/27?