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Which of the following statements best explains how using a production possibilities frontier helps setup efficient production?
A PPF shows the maximum amount of goods that can be produced with a given set of inputs
What best explains how using a Production Possibilities Frontier PPF helps set up efficient production?
A PPF shows the maximum amount of goods that can be produced with a given set of inputs.
Which of these statements explains the term price?
The money spent by the buyer to receive the product.
Which statements best explains the law of demand?
As the price of a good decreases, the amount that consumers are willing to purchase increases.
What explains best the purpose of strikebreaker?
To prevent an industrial action from affecting production
Which of the following statements best explains how using a production possibilities frontier helps setup efficient production?
A PPF shows the maximum amount of goods that can be produced with a given set of inputs
What best explains how using a Production Possibilities Frontier PPF helps set up efficient production?
A PPF shows the maximum amount of goods that can be produced with a given set of inputs.
Which best explains how using a production possibilities frontier (PPF) helps set up efficient production?
A PPF shows the maximum amount of goods that can be produced with a given set of inputs.
What does the law of increasing cost explain?
The law of increasing cost explains that as production increases, the opportunity cost of producing additional units of a good also increases. This is because resources are not equally efficient in producing all goods, and as more of one good is produced, resources are shifted from their most efficient use to less efficient uses.
A set of statements that explains why a phenomenon occurs is called a?
a theory
Which of these statements explains the term price?
The money spent by the buyer to receive the product.
What statements explains his beliefs on both philosophy and religion?
the most respected MOHAMMED NABI
Which of these statements best explains why redistricting is cutthroat'?
Politicians are affected by the changes for 10 years.
What statements best explains why companies use ads?
To increase awareness of the product and increase revenue.
Which of the following statements best explains how the character depiction of Prospero affects the Utah Valley University production of The Tempest?
Because Prospero is a powerful character, the feel of the play is serious.
Which of these statements explains the reality of a job interview?
employers and applicants each have different goals when attending an interview
Which correlation co-efficient best explains the relationship between creativity and intelligence?
0.5
