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How India can become world largest economy?
by producing maximum products in all industries
What is the maximum output that the economy can sustain over a period of time called?
productive capacity
What is the maximum price that can legally be charged for a good or service?
There is no maximum price for any good in the American economy some excised goods like cigarettes have minimum prices.
What is the significance of the PPF equation in understanding the trade-offs between two goods in an economy?
The PPF equation, or Production Possibility Frontier, shows the maximum possible combinations of two goods that an economy can produce given its resources and technology. It helps to illustrate the trade-offs between producing one good over another, highlighting the concept of scarcity and the need to make choices in resource allocation. By analyzing the PPF, economists can understand the opportunity cost of producing one good instead of another, and make informed decisions about resource allocation and economic efficiency.
What is a historical example of a point inside the Production Possibility Curve?
A historical example of a point inside the Production Possibility Curve is the U.S. economy during the Great Depression in the 1930s. At this time, high unemployment and underutilized resources meant that the economy was not producing at its full potential. This resulted in a significant gap between actual output and the maximum output that could be achieved, illustrating inefficiency and lost opportunities in resource allocation.
How India can become world largest economy?
by producing maximum products in all industries
What services are available from Freightliner Columbia?
Services from Freightliner Columbia provides maximum reliability, durability, and efficiency in the Freightliner Columbia trucks. The trucks reduce wind resistance and provides great fuel economy.
What are the major problems of economy?
the main problem of economy is that there is sufficent amt. of goods & services &every 1 wants to use it to satisfy their greed which is unlimited from it the problem is how to use it to get the maximum profit from it & still leave it to for coming generation.
Maximum wheat producing state in India is?
Uttar Pradesh
Which country is producing maximum number of doctors per year?
united kingdom
What is the maximum capacity in terms of people the A380 Airbus can carry?
maximum capacity is 853 in an all-economy class
Who will direct Maximum Ride?
The director of Maximum Ride is Catherine Hardwicke.. Avi Arad is producing it, produced the x-men and spidermen movies.
What is the maximum allowable passport height for a photo to be considered valid?
The maximum allowable passport photo height for it to be considered valid is 2 inches.
What is the maximum age limit to drive in the us?
There is no maximum. This would be considered age discrimination.
Who won the maximum number of royal rumble?
number 27 producing a record of 4 winners
What is the maximum output that the economy can sustain over a period of time called?
productive capacity
The economy system that calls for a maximum of private ownership is?
Beautiful Capitalism!!!! The only way to go! It allows for the maximum return on your investment, work and talents.
