The production possibilities decrease as more resources and better technology are utilized. is a false statement.
<h3>What happens to production possibility curve when technology of production improves?</h3>
There is said to be a Shifts in Technology and this is one that tends to that improves the productivity of workers and thus it is good.
This action above tends to make output to increase, so the production possibilities curve tend to shifts outward, or to the right.
Therefore, The production possibilities decrease as more resources and better technology are utilized. is a false statement.
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Answer:
Hindu literary traditions dominate a large part of Indian culture. Apart from the Vedas, which are a sacred form of knowledge, there are other works such as the Hindu epics Ramayana and Mahabharata, treatises such as Vaastu Shastra in architecture and town planning, and Arthashastra in political science.
Explanation:
Answer:
AIDS would be the answer!
Let's look at the meaning of the four terms:
opportunity cost - this is a cost of an option not chosen, upon the choise of some option.
surplus - this is a situation where more goods are offered than are needed
<span>shortage - t</span><span>his is a situation where less goods are offered than are needed
price fixing
- this is an agreement between competitors to not lower a prize for a certain product.
So the correct answer is surplus!
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