在一个经济体中,一组商品的生产要素是固定的。当这种情况到来时,为了有效分配可用资源,权衡成为中心阶段。在一个点上,资源的分配是最大化生产,没有剩余或延伸到不可能的极限,经济已达到有效的水平。
本文用生产可能性边界概念来论证其他经济术语。具体来说,它用来说明经济中的分配分配和生产效率。此外,在中国的制造业效率低下的配置,分配和生产的可能性。
Introduction 简介
Within an economy, there is a possibility that the factors of production of a set of commodities are fixed. When this condition is arrives, tradeoffs takes center stage in order to distribute the available resources effectively. At a point where the distribution of resources is maximizing the production and that there is no surplus or stretch to impossible limits, the economy has reached its efficient level (Jowsey, 2011).
In this paper, the concept of the concept of production possibility frontier is used to demonstrate other economic terms. Specifically it is used to illustrate allocative distributional and productive efficiency within an economy. Moreover, the possibility of allocative, distributive and productive inefficiencies in the manufacturing sector of the People’s Republic of China.
Discussion 讨论
The production possibility frontier is the maximum possible level of production that resources within an economy can produce successfully. It is like the boundary beyond which the same economy cannot sustain the production of any products (Jowsey, 2011). The curve bellow can best illustrate the concept of the production possibility frontier.
The curve represents the boundary that this particular economy can produce the two commodities A and B. It is the limit at which if the available resources can produce the commodities without strain. Two locations stand out in the curve above. At position x, the resources that are available are not fully utilized. This is mainly because at this point in time, the economy is not operating at a full potential. At point Y, the economy cannot operate because the available resources cannot sustain the production of two products.
The economy can be sustained at Y only if there is an economic growth. However, that would still be difficult since there are limited resources that cannot be stretched any further. According to Antonneli (2011, pp 145), the only possibility of this economic growth happening is through the advancement of technology. Efficiency, in this case, comes through technology and the labor cost reduced. However, this growth is nullified with the cost of introducing technology (Jowsey, 2011).
This curve therefore is most likely the cap of what this entire economy can produce. Therefore tradeoffs have to be made on which resources to be distributed to which sectors in order to maximize their use.
To explain the concept of productive efficiency, consider the graph above. Assuming that the two commodities are not in any way related but, the desire to grow the economy towards point Y will dictate the tradeoffs taken. This implies that there should be no wastage of resources and at the same time no product should be sacrificed in order to grow the economy (Jowsey, 2011). In the graph above, points P1 implies that there will be a maximum production of commodity A but a minimal production of commodity B. This means that the economy is not utilizing it resources well. However, if the demand for commodity A was highest in this economy, then at this point, then this position is referred to as a point of allocative efficiency. At this point, the major go
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