Which statements describe how multinational corporations influence the economy? Choose three correct answers. They produce goods in more than one country.
They produce goods only for their home country.
They use technology to do business around the world.
They use innovative technology in one country.
They sell the same products and services in many countries.

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.

d - failures.

the only attempted british colony in north america before 1600 was roanoke, virginia, which was a total failure. england claimed several areas, including newfoundland, but made no sustainable attempts to colonize them before 1600.

answer; involves both the element of performance and interpersonal interactions;