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...
An example of a model is the Production Possibility Frontier (PPF). PPF is a graph/table that shows the maximum possible combinations of outputs that can be produced from given inputs. Simplifying assumptions: 1  Assume the economy produces just 2 goods. 2  Assume that technology and the quantity of factors (inputs such as labour, capital, & raw materials) are fixed.