Answer:
D. A government wants to create an expensive new health care
program without raising taxes.
When there are not enough productive resources, the production possibility frontier (PPF) slopes downward, but when resources are distributed according to their comparative advantages, it bends outward. According to the law of rising opportunity cost, this allocation will likely result in an adverse outcome.
This is further explained below.
<h3>Hy is most production possibilities frontiers (PFS) for goods bowed outward (concave downward)?</h3>
Generally, The Productivity and Potential Frontier is sloping downward because there are not enough productive resources, but it is bowing outward because resource allocation is driven by comparative advantage.
The term "resource" refers to all of the resources that are present in our surroundings, are possible from a financial, cultural, and technical standpoint, and are available to us so that we may fulfill our requirements and gratify our desires.
In conclusion, The scarcity of productive resources is what causes the PPF to slope downward. It follows that the rule of growing opportunity cost will be valid if such an allocation is performed.
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Answer: Iron swords, lances and armor strengthened the Assyrian army because iron weapons were stronger than the bronze weapons used by other civilizations of that era. The Assyrians also used iron to create powerful battering rams.
I hope this helped
Answer:
They forget that most wealth is passed down through family generations and that having a high income is not the same thing as having wealth
Explanation:
Wealth get accumulated over time. It is not something that one can just have overnight because a member of a family got a good job.
Probably over time if their daughter keeps making great money and is smart in creating more opportunities of making money and can have businesses aside then the next generation that will come after her may claim to be wealth .
