Wednesday, September 1, 2010

Standards EF2 and EF3

if i owned a business the production possibilities curve will tell me how much to produce , what to produce and whom to produce.

Increasing Capital goods and production

If the marginal benefits exceeds tyhe marginal costs.

companies choose to specialize and trade to make a profit


















I feel good because is my own bussiness and i create my company.

What is the purpuse of Production Possibilities Curve?

3 comments:

  1. Julio,
    The PPC does not answer the 3 basic economic questions.

    This standard is incomplete and incorrect. Missed you in tutorial Thursday. You have to come to get assistance with your assignments.

    ReplyDelete
  2. Julio
    Thank you for making some of the corrections requested, but this assignment is still incomplete. We need to work on this posting in tutorial.

    ReplyDelete
  3. Julio,
    You did not respond to my request to correct this blog so you will lose credit for this posting.

    ReplyDelete