What is productivity?
What will be an ideal response?
The amount of output from a unit of an input
Economics
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The figure above illustrates Mary's production possibilities frontier. If Mary wants to move from point b to point c, she must
A) improve technology. B) increase the accumulation of capital. C) give up some of good Y in order to obtain more of good X. D) give up some of good X in order to obtain more of good Y.
Economics
Describe the purpose of the Food, Conservation and Energy Act of 2008
What will be an ideal response?
Economics