Question:

What is a Productivity Curve? ?

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What is a productivity curve?

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  1. A productivity curve shows the trade-off between producing two different items.  As more time and resources are spent producing one item, less time and fewer resources are available to produce the other.  At either extreme, only one item is produced.

    This is more commonly referred to as a Production-Possibility Frontier.  The wikipedia article on this has some graphs that help illustrate the point.

    http://en.wikipedia.org/wiki/Image:NewPp...

    As you move from producing only food, to a combination, you move from the top of the line, down and to the right.  Eventually you will be producing no food, and only computers.

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