Answer:
The correct answer is: The shape of Germany production possibilities frontier (PPF) should reflect the fact that as Germany produces more smartphones and fewer tablets, the opportunity cost of producing each additional smartphone remains Constant.
Explanation:
The frontier of possibilities varies the production of a particular good as productive resources are assigned. However, in practice, economies produce more than one good, and since productive inputs are limited, the allocation of them to produce one good means to stop allocating resources for the production of another, this implies that by producing more than one determined well you must "sacrifice" units of the other, this concept is known as opportunity cost. When increasing the production of one good necessarily implies decreasing the production of another, then we are facing an efficient allocation of resources.
The production possibilities frontier (F.P.P.) is called the outer section of the production possibilities set. When an economy is in the F.P.P. It is not possible to increase the production of one good without diminishing the production of another, so any basket that is in the F.P.P. It is a combination of efficient production.
The production possibilities frontier allows us to directly visualize the allocations of resources that are efficient and also the opportunity cost of production, to the extent that we can determine through it how much we should decrease the production of a good, when we want to increase The production of another.
For economists all costs are opportunity costs, so this concept is important for any economic analysis.
Answer: Goods and the services are exchanged
Explanation:
The circular flow of the economical activity is refers to the various types of economical relationship in the market economy and the money and the wages are the form which is basically used for purchasing the products and the services.
In the given factor market the various types of products and the services are get exchange by the interaction of organization and the household. It is also helps for calculating the specific national income.
Therefore, Goods and the services are exchanged is the correct answer.
I understand this question to mean "what can a minister of sports (presumably in the US?) do so that sports serves a nation builder"
Sports can be a nation builder when it unites the nation, as when for example all the people cheer for one team. So the minister can for example support national teams.
Sport can also increase people's standard of life, so the minister can support local sport facilities - healthy people mean a healthy nation.
Also, it can be a common goal, such as when a nation organizes some championships, so he or she can apply to host the Olympics for example. <span />
Dude what is this even for i have never seen this in my life wow i wish the best of luck to you because that is a doozie.
