A production possibilities curve is seen s a curve that shows the various kinds of alternative methods that shows the resources of an economy and how they are been used.
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<h3>What is a production possibilities curve about?</h3>
A production possibilities curve is known to be a curve that depicts the different forms of alternative methods that shows the resources of an economy and how they are been used.
Note that the production possibilities frontier is also seen as a kind of a line or curve on a given graph that shows the highest amount that an any economy can make.
The Points inside the frontier is one that depicts the insufficient use of resources. If the rate of available land, labor, or capital is known to go up, the full curve is one that can be altered as it will move or shift to the right.
Hence, The law of increasing costs implies that as production moves from one point to a second point, a lot and and lot resources are needed to make production go up of the second point.
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c.enforce laws in the state
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Mikhail Gorbachev of the soviet union advocated the projects of glasnost and perestroika.
Former Soviet leader Mikhail Gorbachev is a Russian. He served as the Communist Party of the Soviet Union's general secretary from 1985 to 1991, making him the eighth and final leader of the Soviet Union. In addition to serving as the Supreme Soviet's chairman from 1988 to 1989, the Supreme Soviet's chairman from 1989 to 1990, and the Soviet Union's president from 1990 to 1991, he was also the nation's head of state from 1988 until 1991. His perestroika ("restructuring") initiative tried to decentralize economic decision-making in order to increase efficiency, while his glasnost ("openness") policy allowed for increased press and speech freedom. The one-party regime was damaged by his democratic reforms and the creation of the elected Congress of People's Deputies.
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