By producing a significant number of an item the production cost of said item decreases, thus leading to a larger profit margin.
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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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Answer:
Political support began with Alexander Hamilton and his Report on Manufactures at the turn of the 19th century, and continued with the Whig Party, led by Henry Clay from 1832 until its demise in 1852, and then by the Republican Party from its formation in 1856.
He landed on a island called <span>Hispaniola which is now Haiti and the Dominican Republic. Columbus mistakenly though it was North America but it was the West Indies </span>
