Using Production Possibility Curve To Identify Inefficiency, Economic Growth, Opportunity Cost...

Поділитися
Вставка
  • Опубліковано 18 гру 2024

КОМЕНТАРІ •

  • @OluwaseunIdon-ni7gr
    @OluwaseunIdon-ni7gr 4 місяці тому +1

    Wow ❤

  • @IsaiahAro-g9w
    @IsaiahAro-g9w 8 днів тому +2

    I really enjoyed the lecture. Palatable😗

  • @abayomiayinde2214
    @abayomiayinde2214 11 місяців тому +1

    Excellent.. well explanatory and well detailed!!

  • @parisdettorre3008
    @parisdettorre3008 Рік тому +1

    Very well done and comprehensive explanation.

  • @carolyneo9299
    @carolyneo9299 8 місяців тому +1

    Thanks you for your help

  • @nelisafreitas739
    @nelisafreitas739 Рік тому +2

    Brilliant, thank you so much

  • @jamony0
    @jamony0 2 роки тому +1

    Knowledge well impacted,I really appreciate sir
    God bless

  • @nosiphomdletshe2744
    @nosiphomdletshe2744 Рік тому +1

    Ow my god thank you so much

  • @abiodunlukumon5747
    @abiodunlukumon5747 3 роки тому +1

    Extremely analytical and detailed. Thank you teacher Haboy...

  • @sherifalabi
    @sherifalabi 10 місяців тому +1

    Awesome…
    What does the downward slope of the ppc indicate?

  • @2as1
    @2as1 2 роки тому +1

    Ne sub here! Love the channel and will be watching further!!

  • @solominamashanda8416
    @solominamashanda8416 2 роки тому +1

    This is my first time doing Economics but am very grateful and thank teacher Haboy you were explaining so good and understandable i actually gained a lot.

  • @stephenbotwey3947
    @stephenbotwey3947 2 роки тому +2

    Hello sir good day, I want to ask this question with aid of a diagram explain the economic growth of a country

    • @ECOPLUSHABOY457
      @ECOPLUSHABOY457  2 роки тому +2

      Growth and development being a continuous thing... The economic growth of a country is denoted by the continuous outward shift in the PPC. Thus, when the PPC shifts outright outwardly, it leads to more produce of both consumer and capital goods and this is termed complete economic growth. However, when the shift is only peculiar to one good, say consumer or capital good, such is termed partial economic growth.