The production possibilities frontier has a bowed-out shape because the quantity of guns the economy must give up in order to produce more butter_the more butter is produced. In other words, the opportunity cost of butter_with increased production. Imagine a society that produces military goods and consumer goods, which we'll call "guns" and "butter," respectively. Indicate which of the points are impossible for the economy to achieve and which are feasible but inefficient. Characteristic A B C D Impossible for the economy to achieve Feasible but inefficient
This is the concept of marginal productivity. If a country wants to produce one good they must shift the resources from one production centre to another. Similarly, to produce more butter a country must sacrifice more of a good to produce more butter. This shows that the opportunity cost of producing butter increases with increased production.
answer: b. false
the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.