Mapa mental
PPC (Ch 2)
Conteúdo do mapa
PPC (Ch 2)
shows max. combo of two goods that can be produced w/ available resources and current tech.
- concave: bowed out shape with specialization
- shifts in the PPC: increase in economy's resource base; advancement in tech.; improvement in the rules governing the economy; giving up current leisure and working harder; giving up current consumption and investing more
- concave: bowed out shape with specialization
Informações
- Descrição
- PPC curve in chapter two describing its meaning, shifting, and if it becomes bowed out
- Criado por
- Olivia t
- Visualizações
- 50
- Tags
- Avaliação