Author Question: A point inside the production possibilities curve illustrates a situation in which resources are not ... (Read 93 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
A point inside the production possibilities curve illustrates a situation in which resources are not fully employed
 a. True
  b. False

Question 2

Points outside the production possibilities frontier represent
 a. unemployment of resources
  b. inefficient use of resources
  c. combinations that are attainable only if all resources are used fully and efficiently
  d. currently unattainable combinations of outputs
  e. the only currently attainable combinations from which society must choose



ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library