A rightward shift in the production possibility frontier ...
A rightward shift in the production possibility frontier may be due to
Use of inferior inputs
Inefficiency
Improvement in production techniques and practices
Changes in the product mix
Changes in consumer's tastes and preferences
Correct answer is C
No explanation has been provided for this answer.
Dumping in international occurs when a foreign firm sells ...
When the demand for foreign exchange exceeds its supply, the value of the domestic currency &n...
In a partnership, the conduct of members is guided by ...
In the equation Q = a - bp + e; Q and P are .... Variables respectively. ...
When the total products is at its maximum, marginal products is ...
The range of the data 14,13,15,18,20,35 and 13 is ...
National development plans in Nigeria fail mainly because of ...
Given the cost function C = 160 + 36Q, what is the average cost at 20 units of output? ...