Ask Question
BusinessBusiness
4 September, 23:25

Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibilities frontier?

+4
Answers (1)
  1. 4 September, 23:41
    0
    The flood will lead to the destruction of the resources in the country. This will result in the shifting of the PPC curve leftward in the economy.

    Earlier PPC is represented by PP curve. After the floods and destruction of resources, the curve shifts to P1P1. It is due to the availability of the number of possible combinations which decreases with the destruction of resources.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibilities ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
An investor ponders various allocations to the optimal risky portfolio and risk-free T-bills to construct his/her complete portfolio. How would the Sharpe ration of the complete portfolio be affected by this choice?
Answers (1)
The Cooke family has worked for various General Motors's divisions for over four decades. Bennett Cooke works at the Cadillac division. Rondella Cooke works at the Buick division.
Answers (1)
Piazza, a pedestrian, was injured when struck by a vehicle driven by Delaney, who ran a stop sign. At the time of the accident, Delaney, an interior designer, was on his way to a client's home.
Answers (1)
Residual Income The Avila Division of Maldonado Company had operating income last year of $112,300 and average operating assets of $760,000. Maldonado's minimum acceptable rate of return is 10%. Required: 1.
Answers (1)
City Loans wants to earn an effective annual return on its consumer loans of 18.9 percent per year. The bank applies daily compounding. What interest rate is the firm required by law to report to potential borrowers?
Answers (1)
New Questions in Business
Which of the following statements is most correct? Many large firms operate different divisions in different industries, and this makes it hard to develop a meaningful set of industry benchmarks for these types of firms.
Answers (1)
A taxpayer sells a warehouse for a recognized gain. Depreciation had been properly claimed on the property based on the straight-line method over a 39-year recovery period.
Answers (1)
Edelman Engines has $11 billion in total assets. Its balance sheet shows $1.1 billion in current liabilities, $7.7 billion in long-term debt, and $2.2 billion in common equity.
Answers (1)
Video quiz the story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of
Answers (1)
Granting a foreign company the right to manufacture your product your product or to use your firm's trademark in return for a fee is called:
Answers (1)
Home » Business » Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibilities frontier?
Sign Up Forgot Password?