bullsfan5984 bullsfan5984
  • 03-09-2020
  • Business
contestada

Use a production possibilities frontier to describe the idea of efficiency.

Respuesta :

mayisasaul94
mayisasaul94 mayisasaul94
  • 03-09-2020

Answer:

Efficiency

Explanation:

Efficiency is when a market is producing the greatest possible amount given its resources. This is demonstrated by the production possibility frontier, which displays the maximum amount of a good that can be produced in relationship to the production of another good.

Answer Link

Otras preguntas

True or false The Federal Reserve Bank is responsible for minting new coins.
A pH of 2 indicates a(n) _____.
is ammonia a homogeneous mixture?
The weight of an object on the moon is 1/6 it's weight on Earth. Write 1/6 as a decimal.
What is 230 in scientific notation
hubungan ham dengan pancasila
How do I find the Greatest Common Factor of 14m², 27a³, and 45a²?
Triangle DEF is similar to triangle FGH. Both are right triangles. Which statements about the two triangles must be true? Choose all answers that are correct.
Which of these developments led human societies to develop farming and herding techniques during the Neolithic Revolution? A. Human populations declined greatly
lisa is painting a fence that is 26 feet long and 7 feet tall. A gallon of paint will cover 350 square feet. Write and slove a proportion to determine how many