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GCSE
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More cards in this set
Card 6
Front
How does a PPC illustrate the idea of scarcity?
Back
Card 7
Front
How does a PPC illustrate the idea of increasing opportunity cost?
Back
Card 8
Front
What is imperfect factor substitutability?
Back
Card 9
Front
What is perfect factor substitutability?
Back
Card 10
Front
What demonstrates efficient output on the PPC?
Back
Card 11
Front
What demonstrates inefficient output on the PPC?
Back
Card 12
Front
What would cause the PPC to shift outwards?
Back
Card 13
Front
What would cause the PPC to shift inwards?
Back
Card 14
Front
What is a shewed growth?
Back
Card 15
Front
What are capital goods?
Back
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