Author Question: When producing at a production efficient point, ________. A) our choice of the goods can be ... (Read 13 times)

dalyningkenk · **on:** Jun 29, 2018

When producing at a production efficient point, ________.

A) our choice of the goods can be either on or within the production possibilities frontier
B) we can satisfy our all wants
C) the opportunity cost of another good is zero
D) we face a tradeoff and incur an opportunity cost

Question 2

All of the following contribute to labor productivity growth EXCEPT

A) population growth.
B) physical capital growth.
C) human capital growth.
D) technological advancements.