Within the economic environment, the production possibility frontier theory reveals that companies and countries are limited to a specific volume of production especially with the type of technology available to them (Becerra, 2009, p.12). Huff et al. (2009, p.81) revealed that countries usually have a limited number of products that they can produce within their manufacturing facilities due to raw materials, labor, and manufacturing overhead constraints (Huff et al., 2009, p.81). Therefore the maximization of the production possibility frontier of each country or firm is primarily based on the available resources as well as its production experience (Becerra, 2009, ...
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