What is accomplished by efficient allocations of the factors of production?

Ball is tossed up in the air at its peak, it stops before beginning to fall.the ball at its peak has

Globalization and technology developments have led to what some individuals have described as "flat world." what is the significance of the flat world concept? what is the impact of the flat world on supply chain requirements and strategies?

Why would nations in latin america be part of a mostly arab cartel group known as opec? a) latin america refused to do business with countries that were not part of opec. eliminate b) natural resources such as oil are a major economic development for some latin american countries. c) latin america has a long history of distrust of the united states and fears a take-over of oil fields. d) latin american nations such as venezuela needed in getting natural resources to other parts of the world. 15