jrtocrazy jrtocrazy

13-10-2021
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What happens when production is inside the production possibilities curve

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tanitoadeboye tanitoadeboye

13-10-2021

Answer:

When it shifts inwards, it indicates that the economy is shrinking due to a failure in its allocation of resources and optimal production capability. A shrinking economy could be a result of a decrease in supplies or a deficiency in technology.

Explanation:

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