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nikklg [1K]
1 year ago
11

In order for an economy to increase its production possibilities, the economy must :_______

Business
1 answer:
Vika [28.1K]1 year ago
4 0

The economy must increase inputs.

<h3>The production possibility curve, what is it?</h3>

A limited number of goods and services can be produced by factors of production in an economy. A production possibilities curve illustrates the many combinations of goods and services that a nation's economy is capable of creating. It serves as an illustration for the model of production possibilities. We will assume that the economy can only generate two types of commodities, that the quantities of its accessible technologies are fixed, and that it can only manufacture two types of goods at once when plotting the production possibilities curve.

As a result, increasing inputs is necessary for an economy to enhance its production potential.

For more information on <u>Production Possibility </u>Curve, refer to the following:

brainly.com/question/15179228

#SPJ4

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