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nikklg [1K]
2 years ago
11

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

Business
1 answer:
Vika [28.1K]2 years 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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Jean says to Joan, "If you'll promise to feed my dog each day while I am out of town next week, I'll pay you $100." Joan replies
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Answer:

When Joan said that she would feed Jean's dog

Explanation:

A verbal contract comes into existence when there is a proposal and the person who receives the offer accepts the conditions. When the offeror and the offeree comes into a verbal agreement (terms and conditions) the speaking acceptance becomes the contract into reality.

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Almost all tasks in a project will be connected using either _____ or _____ dependencies.Select an answer:a)start-to-finish; fin
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Answer:

c) finish-to-start; start-to-start

Explanation:

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3 years ago
Read 2 more answers
Senator Bright, who understands economic principles, is trying to convince workers in her district that trade with other countri
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b) because it allows specialization, which increases total output

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4 years ago
The American Baker’s Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent inc
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Answer:

Optimal package size = 4 units

Optimal package price = $20

Explanation:

P = 8 - 1.5Q and C(Q) = 2.0Q, MC = 2

To obtain optimal package size, we put

Price is equal to the marginal cost, P = MC

8 - 1.5Q = 2

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Therefore,

Optimal package size = 4 units

Hence,

Optimal package price:

= 0.5[8 - 2] × 4 + 2 × 4

= 12 + 8

= $20

3 0
3 years ago
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