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using fewer resources than the economy is capable of using.

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How is underutilization depicted on a production possibilities frontier?

In economics, underutilization is depicted on a production possibilities frontier as it wastes recourses and causes shortage of that product faster than if the recourses were utilized.


What is a example for underutilization?

An example of underutilization could be operating a manufacturing plant at only 50% capacity due to low demand, resulting in wasted resources and inefficiency.


Where were the point of underutilization appear on a production possibilities graph?

no


What is underutilization?

using fewer resources than an economy is capable of using


Where would a point of underutilization appear on a production possibilities?

below or to the left of the production possibilities frontier


What is under utilization of resources?

Underutilization of resources occurs when resources are not being used to their full potential, leading to inefficiency and waste. This could include unused or idle machinery, underutilized workforce, or inefficient allocation of financial resources. Addressing underutilization can improve productivity and reduce costs for an organization.


Why the production possibilities frontier graph is in curve?

the increasing costs resulting in increasingly less outputIt means underutilization of resources.


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classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)


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What 16-letter word begins with un?

Unconstitutional, uncharacteristic, unapologetically, underutilization and unsatisfactorily are 16 letter words. They begin with the prefix UN.


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