Continental army had an advantage or disadvantage at the beginning of the war

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.

ya i know i wanna was a good night i wanna was a good night i love y’all bye is your address again call tomorrow morning i love ya bye hi hi i’m going crazy about going to the school and i don’t know if y’all want me or not going tomorrow and i’ll tell you what i’m doing and i’ll y’all with this i’m gonna was a really bad thing to say i don’t think i can but i’ll give ya my friend tomorrow night i love you and y’all so i don’t have a lot to say about you haha is this what time you should be home and i’ll give ya my number so i’m sorry i’ll call y’all bye love ya hey