For example the median expected annual pay for a typical Paralegal I in the United States is $53,899 so 50% of the people who perform the job of Paralegal I in the United States are expected to make less than $53,899. Source: HR Reported data as of October 2015. 1  Salary.
A production possibility curve (PPC) shows the different combinationstyles of output of TWO goods that an economy can produce considering the factor of production and technology to be constant. The slope of a PPC gives the trade off/opportunity c...
Question: Production Possibility Frontier Draw a PPF curve.... Production Possibility Frontier. Draw a PPF curve. Label the horizontal axis with a good that you use and the vertical axis with a substitute for that good. Include the following points: A - inefficient point. B - efficient point. C - unattainable. What shape does a PPF take if it displays increasing opportunity costs? What about if there are constant opportunity costs? Which shape is most common in production situations? Why?. What does the term increasing opportunity cost mean? Give an example of when you have experienced increasing opportunity cost and explain why you would describe it as increasing opportunity cost. Draw out a PPF curve with 2 consumer goods â you can pick the goods. It can either be increasing opportunity cost or constant opportunity cost. Demonstrate using points A and B the trade off or opportunity cost you face moving from one point to another.