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bagirrra123 [75]
1 year ago
7

If we want to produce more computers, we must give up the production of some cameras, which is referred to as ________.

Business
1 answer:
antiseptic1488 [7]1 year ago
7 0

If we want to produce more computers, we must give up the production of some cameras, which is referred to as production efficiency.

Production efficiency is a word used in economics to describe the point at which an economy or other entity can no longer produce more of one good without reducing the level of production of a different one. When production is allegedly taking place along a production possibility frontier, something occurs (PPF). The terms "production efficiency" and "productive efficiency" are interchangeable. Similar to operational efficiency, productive efficiency refers to how effectively something is performing. The mapping of a production possibility frontier is central to the economic idea of production efficiency. When analyzing economic operational efficiency, economists and operational analysts often additionally take into account a few more financial variables, such as capacity utilization and cost-return efficiency.

Learn more about production efficiency here:

brainly.com/question/23879464

#SPJ4

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You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use
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Answer:

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<em>The first step is to calculate amount of cash that would be charged</em>

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<em>Then</em>

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<em>Therefore the amount of cash the car dealer would charge is $17,167</em>

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Shantel has a checking account balance of $318.59. She wrote a check to United farmers Market for $52.17. What is Shantel's new
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The mere existence of natural resources in a country does not contribute to economic progress unless some conditions prevail.sta
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Explanation:

<h2>Xxxxxxxxxd</h2>
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