0
If a country uses up a good portion of its available resources what happens to its production possibilities curve?
Wiki User
∙ 12y ago
The curve moves inward
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What does a country production possibilities depend on?
It depends on available resources and technology
What is a point that lies outside a country's production possibilities curve?
The Country, given its current technology and available resources cannot produce this combination of goods. Presently it is unobtainable
True or false Government steps in to allocate resources efficiently so that the country is operating on its production possibilities curve instead of under it?
hahahhaahhahahah
A point that lies outside a country's production possibilities curve mean what?
A point that lies outside a country's production possibilities curve means that the country is not able to produce. The possibility curve shows how a country can efficiently produce.
How do you illustrate a production possibility frontier?
By using production possibility curve,country is producing both industrial and agricultural product using available resources, technology country operating inside production possibility curve shows the levels underdevelopment, which will be result under utilisation of resources ,poor technology. The country operating outside production possibility curve show the levels of development in economy, however, an economy can produce both industrial and agricultural using the resources available without effecting the production each . A shift from inside to outside it may be result of discovering of new resources, improved technology .
What does a country production possibilities depend on?
It depends on available resources and technology
A country's production possibilities will grow if it?
increases its resources.
What If a country uses up a good portion of its available resources what happens to its production possibilities curve?
The curve moves inward
What is a point that lies outside a country's production possibilities curve?
The Country, given its current technology and available resources cannot produce this combination of goods. Presently it is unobtainable
What does a country's production depend on?
It depends on available resources and technology
True or false Government steps in to allocate resources efficiently so that the country is operating on its production possibilities curve instead of under it?
hahahhaahhahahah
A point that lies outside a country's production possibilities curve mean what?
A point that lies outside a country's production possibilities curve means that the country is not able to produce. The possibility curve shows how a country can efficiently produce.
How do you illustrate a production possibility frontier?
By using production possibility curve,country is producing both industrial and agricultural product using available resources, technology country operating inside production possibility curve shows the levels underdevelopment, which will be result under utilisation of resources ,poor technology. The country operating outside production possibility curve show the levels of development in economy, however, an economy can produce both industrial and agricultural using the resources available without effecting the production each . A shift from inside to outside it may be result of discovering of new resources, improved technology .
What type of growth exemplified when a country's production possibilities increase because the available workers become more skilled at using a computer?
your fak lol .l.
What type of growth is exemplified when a country's production possibilities increase because the available workers become more skilled at using a computer?
your fak lol .l.
A country's production possibilities increase because the available workers become more skilled at using computers. this is an example of growth caused by?
technology -grad point
Government steps in to allocate resources efficiently so that the country is operating on its production possibilities curve instead of under it?
I Dont even know ; That's why im asking you guys
