I Dont even know ; That's why im asking you guys
hahahhaahhahahah
At full potential.
under what conditions an econoy would be operating inside its production possibility frontier?
Operating efficiently, it is producing the highest possible amounts of goods that it can produce.
Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF
hahahhaahhahahah
At full potential.
It is operating at full potential.
under what conditions an econoy would be operating inside its production possibility frontier?
Operating efficiently, it is producing the highest possible amounts of goods that it can produce.
Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF
A point inside the curve on a production possibilities curve (PPC) represents an inefficient use of resources, where the economy is not operating at its full potential. This indicates that more of one or both goods could be produced without sacrificing the production of another good. It suggests underutilization of labor, capital, or technology. In contrast, points on the curve represent efficient production levels.
A low-voltage DC motor is best suited for operating blinds efficiently and smoothly.
The Production Budget for Standard Operating Procedure was $5,000,000.
Socialism has no government and no economy: production for use, no wages or prices, just people co-operating for the common good.
A production determined by individuals and private groups is referred to as a market economy. In this system, decisions about production, consumption, and investment are guided by individuals and businesses operating in a competitive market environment rather than by government intervention.
The Haber process is used in continuous production because it involves a chemical reaction that needs to occur continuously over time to produce ammonia efficiently. By operating the process continuously, it allows for a steady flow of reactants into the system and the removal of products, resulting in a consistent production rate. This ensures a more cost-effective and productive operation compared to batch production methods.