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It depends on available resources and technology
Joanne Skiles
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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.
Effect of net migration on a country's production possibilities frontier?
explain the effect of net migration on a country's production possibilites frontier
Country's consumption possibilities frontier can be outside its production possibilities frontier if?
penis, it's wats good for you. fo'sho man.
What is the concept of the production possibilities?
Production possibilities is the extent of production in businesses. Production possibilities can change if resources increase within a business. Increasing labor can also change production possibilities.
A country that must reduce current consumption to increase future consumption possibilities?
must be producing along the production possibilities curve.
What does a countries production possibilities curves depend on?
It depends on available resources and technology
A country's production possibilities will grow if it?
increases its resources.
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.
Effect of net migration on a country's production possibilities frontier?
explain the effect of net migration on a country's production possibilites frontier
When a country is producing at the production possibilities frontier it can be said that the country is operating?
It is operating at full potential.
Country's consumption possibilities frontier can be outside its production possibilities frontier if?
penis, it's wats good for you. fo'sho man.
What is the concept of the production possibilities?
Production possibilities is the extent of production in businesses. Production possibilities can change if resources increase within a business. Increasing labor can also change production possibilities.
A country that must reduce current consumption to increase future consumption possibilities?
must be producing along the production possibilities curve.
Where would a point of underutilization appear on a product possibilities graph?
below or to the left of the production possibilities frontier
What does a country's production depend on?
It depends on available resources and technology
What factors might cause a country to produce at a level below the production possibilities frontier?
blah
What line that shows different production possibilities for an economy?
production possibilities frontier
