This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A technological improvement can cause the production possibilities curve to shift outward because ... (Read 182 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
A technological improvement can cause the production possibilities curve to shift outward because
 
  A) it increases costs and contributes to lower production rates.
  B) maximum feasible outputs of both goods increase.
  C) production will fall, but jobs will be saved.
  D) it causes increases in unemployment.

Question 2

Relative scarcities are indicated by
 
  A) supply and demand being out of equilibrium.
  B) surpluses.
  C) excess demand and excess supply.
  D) relative prices.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 29, 2018
Thank you


leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Bell Curve Joke Bell Curve Joke
How to plot a sine function containing an amplitude and phase shift (Question 1 of 3) How to plot a sine function containing an amplitude and phase shift (Question 1 of 3)
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Bacteria growth curve Bacteria growth curve
The production of a new allopolyploid species The production of a new allopolyploid species
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library