Production possibilities frontier, PPF, is defined as a representation of the point at which a country’s economy is most efficiently producing its goods and services. Efficient production means allocating its resources in the best way possible.
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The points in the PPF shifts outward. The more efficient production is the more the PPF shifts outward. With this in mind, any point found inside the PPF means that there is inefficient resource allocation. If the PPF shifts inward, it means that the efficiency production is regressing and available resources are not fully used to its potential which will lead to a downward turn of the economy.
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Answer:
Step-by-step explanation:
Discussion
This should be answered with the mean. The lower the mean, the lower the score it took to get the mean. So B is the answer.
4x - 1 < 11
Add 1 to both sides
4x < 12
Divide both sides by 4
x < 3
x is less than 3
Answer:
4/3
Step-by-step explanation:
You use Rise over Run.
It <em>runs</em> 3 blocks to the left (+).
It <em>rises</em> 4 blocks up (+).
Answer:
$46,130,75 or $43,869.25
Step-by-step explanation:
