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Author Question: The production possibilities frontier represents the boundary between attainable and unattainable ... (Read 94 times)

K@

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on: Jul 1, 2018
The production possibilities frontier represents the boundary between attainable and unattainable prices of commodities.
 a. True
  b. False

Question 2

If all resources are used efficiently to produce goods and services, a nation will find itself producing
 a. inside its production possibilities frontier
  b. somewhere on its production possibilities frontier
  c. outside of its production possibilities frontier
  d. at one extreme end of its production possibilities frontier
  e. more of one product with no decrease in the production of any other product


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braelync

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

B

Answer to Question 2

B


K@

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

tranoy

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Reply 3 on: Yesterday
Gracias!

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