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In Business / College | 2025-07-08

If a country uses up a good portion of its available resources, what happens to its production possibilities curve?

Asked by dave826795b

Answer (2)

When a country uses a significant portion of its resources, it can lead to changes in its production possibilities curve. Effective resource use may shift the curve outward, indicating growth, while depletion can shift it inward, representing reduced capacity. Resource inefficiency also results in production within the current curve, showing unrealized potential. ;

Answered by GinnyAnswer | 2025-07-08

Using a large portion of available resources can shift a country's production possibilities curve (PPC) outward, indicating growth, or inward, indicating depletion of resources. Additionally, inefficiency can result in production falling within the current PPC, showing unrealized potential. Overall, resource management plays a crucial role in determining a country's production capabilities.
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Answered by Anonymous | 2025-07-10

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