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Business, 02.07.2019 17:30, fzzyy

What is a production possibility curve

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History, 22.06.2019 06:40, ShernelQS17

On a production possibility curve, data points that fall outside of the curve represent an inefficient allocation of resources. a balanced allocation of resources. ideal production. a currently unattainable production.

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Business, 11.07.2019 11:00, Maryllen

The production points on a production possibility curve are the points along and inside the production possibility frontier. a. attainable b. productively efficient c. allocatively efficient d. unattainable

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History, 25.09.2019 02:10, IDespretlyneedhelp

this graph is the production possibility curve for a country's combined production of good a and good b. match each description to the point on the graph that it best corresponds with 1. the country is using its resources efficiently. 2. the country wishes to produce an amount of both goods that is clearly unattainable. 3. the country's unemployment rate has increased drastically. 4. there are still many people without jobs, but the country's unemployment rate has decreased

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Business, 16.10.2019 03:20, tvrgrvJfbhh3881

Consider two countries, estonia and ukraine. estonia devotes a larger portion of its production to capital. all other things equal which of the following statements is most likely true? estonia is a poorer country than ukraine. estonia will move up its production possibility curve faster than ukraine. estonia's production possibility frontier will shift up and out farther and faster than ukraine's. ukraine is producing inside its production possibility frontier, whereas estonia is producing at a point on its production possibility frontier

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