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What does a country production possibilities depend on?
It depends on available resources and technology
An underutilization of a country's resources means what?
The maximum amount of the combination of goods that a country can produce given its available resources and technology. It represents the different choices or trade-offs that society faces.Means not using all the resources that you have.
If a country uses up a good portion of its available resources what happens to its production possibilities curve?
The curve moves inward
What is a point that lies outside a country's production possibilities curve?
The Country, given its current technology and available resources cannot produce this combination of goods. Presently it is unobtainable
What are the advantages and disadvantages of evat in the Philippines?
The manufacture of goods and exploitation of resources in the Philippines for sale to other country's put it in a position to be able to trade with other country's for goods that are not available locally.
What does an under utilization of a country's resources mean?
Not using the available resources in such ways.
What does a country's production depend on?
It depends on available resources and technology
How many and what types of natural resources are available?
it depends on what country and were its located AT
What does a country production possibilities depend on?
It depends on available resources and technology
An underutilization of a country's resources means what?
The maximum amount of the combination of goods that a country can produce given its available resources and technology. It represents the different choices or trade-offs that society faces.Means not using all the resources that you have.
What natural resources are available on the coast that might not be available somewhere else?
minerals
What If a country uses up a good portion of its available resources what happens to its production possibilities curve?
The curve moves inward
If a country uses up a good portion of its available resources what happens to its production possibilities curve?
The curve moves inward
What is a point that lies outside a country's production possibilities curve?
The Country, given its current technology and available resources cannot produce this combination of goods. Presently it is unobtainable
What resources are available?
There are lots of online and offline resources available, One such resource is Facetofacestudy
What are the factors that influence the attractiveness of a country as a market?
The main factor in considering a country attractive as a market are the margins of profit that the country offers. The profit is in influenced by the cost of labor as well as the resources available.
What is the definition for labor resources?
Labour resources are resources of available manpower.
