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Author Question: A point inside the production possibilities curve illustrates a situation in which resources are not ... (Read 59 times)

rmenurse

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on: Jul 1, 2018
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

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


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