IDNLearn.com: Your trusted platform for finding reliable answers. Join our knowledgeable community to find the answers you need for any topic or issue.
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.
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.
Learn more about economy at;
https://brainly.com/question/13628349