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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 else can I help you with?
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.
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
Which will not shift a country 's production possibilities frontier outward?
A country's production possibilities frontier (PPF) will not shift outward due to a decrease in available resources or a decline in technology. For instance, if there is a natural disaster that destroys infrastructure or resources, the PPF would contract rather than expand. Additionally, policies that discourage investment or innovation can also prevent outward shifts of the PPF.
What does a country production possiblites curve depend on?
A country's production possibilities curve (PPC) depends on its available resources, including labor, capital, land, and technology. The efficiency with which these resources are utilized also plays a crucial role, as does the level of innovation and investment in production methods. Additionally, the PPC reflects the opportunity cost of reallocating resources between different goods and services, highlighting the trade-offs a country faces in production decisions.
What does a country's production depend on?
It depends on available resources and technology
How will a country's production possibilities grow if it invests in technological advancements and infrastructure development?
Investing in technological advancements and infrastructure development can lead to increased efficiency and productivity in a country's economy. This can result in the expansion of a country's production possibilities by enabling the production of more goods and services with the same amount of resources.
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.
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.
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.
