Author Question: Which of the following concepts are illustrated by the production possibilities curve? a. scarcity ... (Read 35 times)

bclement10

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Which of the following concepts are illustrated by the production possibilities curve?
 a. scarcity
 b. choice
 c. trade-offs
 d. all of the above

Question 2

Most economists believe that the financial crisis of 2008 began because of problems in the ____ industry.
 a. computer
 b. automotive
  c. housing
 d. banking



Christopher

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Answer to Question 1

d

Answer to Question 2

c



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