Based on the last quarterly report, Jason realizes that it is now taking more resources to produce each of the laptop computers his company makes. What aspect of comparative advantage is Jason noticing?

diminishing returns

Explanation: diminishing returns is the decrease in the marginal output of a production process as the amount of a single factor of production is increasing, while the amounts of all other factors of production stay fixed. Diminishing return refers to a situation at which the level of profits gained or benefits gained is less than the amount of money or energy invested in a business.

However, in the scenario above, based on the last quarter report , Jason realizes that resources that it takes to produce each of the laptop computers his company produce is higher than the amount of money or energy invested in the production process.

answer; ///first they would cross the atlantic ocean, and end up either in europe or africa; good luck

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.