[Answer] According to the Production Possibility model if more resources are allocated to the production of physical and human capital then which of the following is likely to happen?

Answer: fewer goods will be produced for consumption today
According to the Production Possibility model if more resources are allocated to the production of physical and human capital then which of the following is likely to happen?

A production – possibility frontier (PPF) production possibility curve (PPC) or production possibility boundary (PPB) or Transformation curve/boundary/frontier is a curve which shows various combinations of the amounts of two goods which can be produced within the given resources and technology/a graphical representation showing all the possible options of output for two products that …

Mon Jan 31 2005 13:30:00 GMT-0500 (Eastern Standard Time) · Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear which eventually reduces living standards to the point of triggering a population die off.This event called a Malthusian catastrophe (also known as a Malthusian trap population trap Malthusian check Malthusian crisis Malthusian spectre or …

Factors of production – Wikipedia

Production–possibility frontier – Wikipedia

Production–possibility frontier – Wikipedia

Production–possibility frontier – Wikipedia

In economics factors of production resources or inputs are what is used in the production process to produce output—that is finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function.There are three basic resources or factors of production : land labour and capital .

In economics a poverty trap or cycle of poverty are caused by self-reinforcing mechanisms that cause poverty once it …

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