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prisoha [69]
3 years ago
12

A point outside the production possibilities curve represents a combination of goods that is

Business
1 answer:
pochemuha3 years ago
4 0

Answer:

A production combination outside of the PPF is unattainable by the economy with the given resources and technology.

This represents the Concept of scarcity in economics.

If the economy wishes to achieve the production point outside the frontier, they will have to enhance the production possibility capacity by introducing new technology or finding new resources.

Explanation:

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2 years ago
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4 0
3 years ago
In some instances, BPM will lead to a paradigm shift that transforms the nature of the business itself True False
neonofarm [45]

Answer:

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