Same as production possibility frontier. The name comes from the idea that, by devoting resources to producing one good instead of another, it is as though one good is being transformed into another.
Related information about transformation curve:
- Production–possibility frontier - Wikipedia, the free encyclopedia
... production-possibility boundary or product transformation curve, is a graph that compares the production rates of two commodities that use the same fixed total ...
- International Economics Glossary: Trade and Transformation Curve ...
X, Y, Outputs of goods X and Y. TX , TY, Maximum output of goods X and Y. TXTY , Transformation curve. pj, Price of good j, j=X,Y. p, Relative price of good X ...
- What is transformation curve? - InvestorWords.com
Definition of transformation curve: Same as production possibility frontier. The name comes from the idea that, by devoting resources to producing one good ...
- What is transformation curve? - BusinessDictionary.com
Definition of transformation curve: Alternative term for production possibility curve .
- Transformation Curve in Production Theory: A Pedagogical ... - JStor
Transformation Curve is merely a mapping of the Edgeworth ... the way in which the Transformation Curve ... and derivation of the Transformation Curve. First, a ...
- f /]L - JStor
two goods with two factors, how the shape of the transformation curve depends on the ... The origin for the transformation curve is 0, and all points on the ...
- On the Shape of the Transformation Curve in the Case of - JStor
transformation curve might be roughly a straight line or even conventionally concave ... increasing returns does the concavity (of the transformation curve, seen ...
- Transformation curve / Political economy - Economy-point.org
Jul 13, 2011 ... The transformation curve has typically a concave process. One produces on the transformation curve, the available factors of production are ...