asked 88.2k views
5 votes
A good way to represent or measure trade offs is by using a __________ curve. Laffer Supply Producer Price Index Production Possibilities

1 Answer

2 votes

Usually, outsourcing is the processing of obtaining products from other areas that do not exist in the home area. For instance, companies outsource products when they realize the prices of outsourcing are cheaper compared to producing.

Therefore through productivity trade off, the company can manage the labor force through enough capital and other necessary equipment. The company can trade-off other inputs to increase its productivity

answered
User Ycshao
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.