The PPF shifts if A) the unemployment rate falls. B) people ...

[lilldybug07]

The PPF shifts if
 
  A) the unemployment rate falls.
  B) people decide they want more of one good and less of another.
  C) the prices of the goods and services produced rise.
  D) the resources available to the nation change.

Question 2

Based on the table above which shows Chip's costs, if Chip shuts down in the short run, his economic loss will be
 
  A) 0.
  B) 1,000.
  C) 1,200.
  D) 4,000.

[yasmina]

Answer to Question 1

D

Answer to Question 2

B

[lilldybug07]

Correct answers!

[yasmina]

Great! Please up vote