What is the difference between those two cities

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.

this is not a question

not  

cuba  

russia  

iraq  

el salvador  

explanation:

known as the land of volcanoes, el salvador has visit seismic tremors and volcanic movement. it is the main nation in central america that does not have a coastline on the caribbean sea. about portion of all salvadorans live in the wide open. they are poor and don't have power or running water in their homes. in 1525, pedro de alvarado, a lieutenant of cortés's, vanquished el salvador. el salvador, with alternate nations of central america, pronounced its freedom from spain on sept. 15, 1821, and was a piece of a league of central american states until the point when that association broke up in 1838.