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In microeconomics, a production–possibility frontier (PPF), production possibility curve (PPC), or production possibility boundary (PPB) is a graphical representation showing all the possible options of output for two that can be produced using all factors of production, where the given resources are fully and efficiently utilized per unit time.
Furthermore, what the H-O model concludes is that traded commodities are essentially bundles of factors (land, labor, and capital) and therefore the international trade of commodities is indirect factor arbitrage [2] (Leamer 1995).The H-O model more accurately describes international trade patterns in modern times (post WWII) due to the ...
In geometry, curvilinear coordinates are a coordinate system for Euclidean space in which the coordinate lines may be curved. These coordinates may be derived from a set of Cartesian coordinates by using a transformation that is locally invertible (a one-to-one map) at each point. This means that one can convert a point given in a Cartesian ...
Pension Protection Fund, a UK body responsible for paying pension compensation; PPF (company), a financial group founded in the Czech Republic Production–possibility frontier, a graph on the goods that an economy could efficiently produce with limited productive resources
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Curvilinear barrel distortion Curvilinear pincushion distortion. Curvilinear perspective, also five-point perspective, is a graphical projection used to draw 3D objects on 2D surfaces, for which (straight) lines on the 3D object are projected to curves on the 2D surface that are typically not straight (hence the qualifier "curvilinear" [citation needed]).
Why Adopt an Aussie. Handsome, smart, and incredibly athletic, Aussies are beloved dogs by pretty much everyone. People are huge fans! These dogs have a very loyal fanbase, which is why someone ...
There’s no single explanation for why addiction treatment is mired in a kind of scientific dark age, why addicts are denied the help that modern medicine can offer. Family doctors tend to see addicts as a nuisance or a liability and don’t want them crowding their waiting rooms. In American culture, self-help runs deep.