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3 years ago

Without technological advancement, how can a nation achieve economic growth

2 answers:

5 0

Without technological advancement, a nation achieve economic growth through an increase in supplies of factors of production. Economic growth would be achieved if the factors are available in sufficient quantity and at lower price. This situation sill lead to increase in production. This would increase the supply of a product in the market which will result in economic growth.

mario62 [17]3 years ago

4 0

<span>Any nation can achieve economic growth by increasing the supplies for factors of production even without any technological advancement. These factors of production includes the resources and the services that are used for production like the investments, land, labor and management. If there is a strong establishment of Law in the country that can lead to economic growth as well.</span>

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3 years ago

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Goryan [66]

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2 years ago

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Answer: c.$71 per machine hour

Explanation:

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3 years ago

Why would a producer conduct a marginal analysis?

Ber [7]

Answer:

B to determine whether a price increase

Explanation:

cuz I said

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3 years ago