______ economies must forgo some of one good to gain more of another, whereas ______ economies are able to increase production of both goods.

Answer :

It should be noted that Static economies must forgo some of one good to gain more of another.

Also  dynamic economies are able to increase production of both goods.

What is static economy?

Static economy can be regarded as an economy that gain profit on the expense of other goods .

However, the dynamic economy, focus in all the goods in making profit, hence, increase production of both goods.

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