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Author Question: Technological progress makes the production possibilities frontier A) shift inward toward the ... (Read 112 times)

javeds

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on: Jun 29, 2018
Technological progress makes the production possibilities frontier
 
  A) shift inward toward the origin.
  B) become more linear and less bowed.
  C) shift outward from the origin.
  D) become less linear and more bowed.

Question 2

In the figure above, when income equals 20,000, what does consumption equal?
 
  A) 0
  B) 10,000
  C) 20,000
  D) impossible to tell


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Juro

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


javeds

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

steff9894

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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