If an important resource, such as oil, becomes unavailable, the production possibilities curve a. shift inwards.
"The production possibility frontier (PPF) is a curve on a graph that depicts the possible amount that can be produced or made of two products, if both are based upon the same limited resource for their creation. The Production Possibility Frontier is also termed as the production possibility curve. If it shifts inwards, it means the economy is shrinking due to a collapse in issuing resources and production capacity."
"The production possibility curve (PPC )is necessary because it helps in indicating the maximum possible production of items , in fixed resources. In macroeconomics, economists study and support a country or other organization's economic activity with its help."
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Answer:
basic rights, sewing music and cooking
Explanation:
Answer:
The Battle of Fort Sumter (April 12–13, 1861) was the bombardment of Fort Sumter near Charleston, South Carolina by the South Carolina militia (the Confederate Army did not yet exist), and the return gunfire and subsequent surrender by the United States Army, that started the American Civil War.
Explanation:
What happened at Fort Sumter?
After a 33-hour bombardment by Confederate cannons, Union forces surrender Fort Sumter in South Carolina's Charleston Harbor. The surrender concluded a standoff that began with South Carolina's secession from the Union on December 20, 1860. ...
An example of law and demand at work would be ordering enough supplies to work with regardless of the price so that the job can get done.
