According to the production possibilities curve PPC, points A, B, and C on the PPC curve shows the most efficient use of resources by the economy.
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What do you mean by Production Possibilities Curve?</h3>
The Production Possibilities Curve (PPC) is regarded as model that takes scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services.
The points on the interior of the PPC are inefficient, the points on the PPC are efficient, and and the points beyond the PPC are unattainable.
Conclusively, The production possibilities curves show efficiency, growth, cost and also the productive capacity of an economy.
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The answer is True. The Neolithic people had developed a
system of math. They develop math in order to help them in their daily lives.
Aside from counting money and trade, they develop math for agriculture, record
keeping and administrative engineering.
Well because of the great depression many factories were just lying around not producing anything but when the us as attacked by japan almost immediately those factories were up and running to make war supplies and they needed workers so almost no unemployment in the us and everyone was making money.
