economics

posted by .

how does production possibilities curve illustrate how efficent an economy is?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    why with international trade, the domestic economy's consumption possibilities curve can be greater than the domestic economy's production pssibilities curve.
  2. economics

    The domestic economy's consumption possibilities curve can be greater than the domestic economy's production possibilities curve. Why is this true?
  3. Economics

    I picked C as the answer to this question but I am not sure?
  4. Economics

    How does a production possibilities curve illustrate how efficient an economy is?
  5. social studies

    Our economy ______ operates on its production possibility curve. A. always B. usually C. sometimes D. never I'm stuck between B and C. Here's the text: "Usually there's some economic slack, but every so often we do manage to operate …
  6. economics

    how would you illustrate the impact of each of the following events on a production possibilities curve for factory goods and farm goods?
  7. ECONOMICS

    The following table illustrates the points a student can earn on examinations in economics and biology if the student uses all available hours for study. Economics Biology 100 40 90 50 80 60 70 70 60 80 50 90 40 100 Plot this student’s …
  8. econ

    Suppose the country of Maverick has specialized in the production of a good but has not yet entered into trade. At this point in time, Maverick has A. Moved to a level of production outside its production possibilities curve. B. Shifted …
  9. economic

    Draw a production possibilities curve for a hypothetical economy producing capital good and consumer goods. Suppose a major technological breakthrough occurs I the capital goods industry and the new technology is widely adopted only …
  10. Economics

    How can an economy achieve points that are outside the production possibilities curve?

More Similar Questions