How does a production possibility chart assist in outlining opportunity cost?

The production possibility chart/frontier assist in outlining opportunity cost as it compares the production cost of one product to another. The purpose of this curve/chart/frontier is to show the different combinations/mixture of two goods that are produced by the given resources.

Assumptions of production possibility frontier;

1.A certain amount of resources is given.

2.Full and efficient use of available resources has been done.

3.Change in technique.

the u.s. department of labor is a cabinet-level federal agency that supports the american labor force. it has three overall functions. first, it protects the rights of workers and retirees. second, it provides job training. third, it provides statistics related to working, prices, and income.

i discarded the supernatant and kept the pellet in this part of the experiment because you have to return all unused chemicals into their original containers at the end of each labratory.

explanation: