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Author Question: All points on the production possibilities curve represent efficient levels of production. a. True ... (Read 87 times)

segrsyd

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on: Jun 30, 2018
All points on the production possibilities curve represent efficient levels of production.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

On the production possibilities curve, a movement between points that yields a loss of one good in order to raise the output of another good will maintain efficient production.
 a. True
  b. False
  Indicate whether the statement is true or false


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Shshxj

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


segrsyd

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  • Posts: 530
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

komodo7

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Reply 3 on: Yesterday
Gracias!

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