Explain how women expanded production possibilities
Explain how women expanded production possibilities?
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There has been an increase in the number of women who are working. The production possibilities curve outward had the effect of shifting. Whereas 40% of the women worked in 1965, 60% of the women are now working part time or full time.
Productive (technical) efficiency needs maximization of the: (i) opportunity cost of a specified value of output. (ii) resources used to produce a specified value of output. (iii) value of output produced for a given total cost. (iv) satisfaction atta
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