Inefficient use of resources is shown on the production ...

[altibaby]

Inefficient use of resources is shown on the production possibilities curve
 
  A) by an inward shifting of the curve.
  B) by a point inside the curve.
  C) by a point near the top of the curve.
  D) by a point outside the curve.

Question 2

Whenever statements embodying values are made, we enter the realm of
 
  A) positive economics.
  B) normative economics.
  C) microeconomics.
  D) macroeconomics.

[stano32]

Answer to Question 1

B

Answer to Question 2

B

[altibaby]

Thanks for the timely response, appreciate it

[jackie]

TYSM