The selection of the highest point on the production possibilities frontier is most likely to result in the largest increase in economic growth over time.
<h3>What is production possibility frontier?</h3>
Production possibility frontier shows that there limits on production and that a good will increase of there is a corresponding increase in another.
may increase only if the production of the other commodity decreases.
The two products or commodity will depend upon the resource for manufacturing.
Therefore, the selection of the highest point on the production possibilities frontier is most likely to result in the largest increase in economic growth over time
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The Land Ordinance of 1785 created an organized way to settle land in the west by creating townships; the Northwest Ordinance of 1787 created a means of governing these townships and provided a means for the territories to become states.
Untrue. The fields are related and are similar in many regards.
