Asmall company is trying to determine the best use of its resources in producing two different goods. what resource should they develop to investigate these options?
a) marginal cost curve
b) competitive norm curve
c) supply and demand curve
d) production possibilities curve

The correct answer is: "the production possibilities curve".

The production possibilities curve represents the efficient combinations of two goods that can be obtained using a fixed endowment of resources. When all the resources available are used, then the production mechanism is considered efficient and will be part of the production possibilities curve.

This curve also represents opportunity cost, as its slope determines the amount that has to be given up from a good, to enhance the production of the other good.

Therefore the company should choose a combination of resources established in the curve, because this guarantees that the production will be efficient and at the lowes opportunity cost.

answer; i believe that the correct answer is ; the eastern and western churches spoke different languages;

which statement best describes why a government’s actions are important in macroeconomics? check all that apply.

1 government controls industry through policy.

2 government is both a consumer and a producer.

3 government can prevent changes and challenges.

4 government can use policy to influence the economy.

5 government can accurately predict economic trends.

1 , 2 & 4 for edgenu

according to this graph, how does supply behave in the long run?

a ]output remains constant.

b ]output increases.

c ]output cannot be predicted.

d ]output decreases.

the answer is a ]   for edgenu