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How production possibility curve helps in solving central problems of an economy?

How does ppc help in solving basic economic problems


Are the problems in the EU enough to start a new world war?

No. The economical problems of the European Union show no signs of starting World War III. Right now, the only possibility of a possible WWIII lies in North Korea's hands.


Explain why producers have a big incentive to use cost-benefit analysis and other tools of financial management?

Cost benefit analysis and other management tools will help businesses avoid problems. When they assess a situation on paper, they are able to see potential problems and avoid losing money.


What are some common comparative advantage problems faced by businesses in today's global economy?

Some common comparative advantage problems faced by businesses in today's global economy include competition from lower-cost producers in other countries, navigating complex international trade regulations, managing supply chain disruptions, and adapting to rapidly changing consumer preferences and market trends.


What was one of the problems John D. Rockefeller encountered in the petrolem business?

One of the significant problems John D. Rockefeller faced in the petroleum business was intense competition from other oil producers. This competition often led to price wars, which threatened profit margins. To combat this, Rockefeller implemented strategies such as forming the Standard Oil Trust, which allowed him to consolidate control over various aspects of the oil industry and create a monopoly, ultimately stabilizing prices and increasing efficiency.

Related Questions

Do you answer mathematics problems?

Here I am I can solve it for you, where possibility.


How production possibility curve helps in solving central problems of an economy?

How does ppc help in solving basic economic problems


What problems did US soldiers have in the Spanish-American War?

Malaria and Yellow Fever were major casualty producers.


Why was it an important change that Roman soldiers no longer had to own property to serve in military by the beginning of the 1st century BC?

The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.The change was important as it eased social problems. It gave the poor and unemployed a steady income for several years and a man had the possibility of retiring wealthy.


What are the two most serious problems related to nuclear power?

A) Possibility of a meltdown B) What do we do with nuclear waste?


What are the drawbacks and benefits of buying a used treadmill?

The drawbacks is the possibility that it has some problems. The benefits are that it costs less.


How can health influence health care?

if you have health problems or your family has them that runs down and there is a possibility you can get it then you would want to care for it


Why did Kristin Herrera leave Zoey?

The producers say it was because she looked too old, but she probably left because of personal problems.


What are the communication problems faced in a large organisation?

The communication problems faced in a large organization is so many. There is a high possibility of passing down the wrong information which will ultimately affect productivity.


What are the problems of the European union?

GDP among European Union countries has been anemic, which is one significant problem. Other problems include unemployment, and the possibility of England quitting the EU.


What are the most likely problems to occur in a bunionectomy?

infection, pain, nerve damage to the operated foot, and the possibility that the bunion will recur.


What are some possibility results of the growing problems between the US and the Great Britain and why?

There are international trade issues, trade problems. Among the states, war debts, and a weak economy plagued the states.