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Author Question: Inefficient use of resources is shown on the production possibilities curve A) by an inward ... (Read 56 times)

altibaby

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on: Jun 29, 2018
Inefficient use of resources is shown on the production possibilities curve
 
  A) by an inward shifting of the curve.
  B) by a point inside the curve.
  C) by a point near the top of the curve.
  D) by a point outside the curve.

Question 2

Whenever statements embodying values are made, we enter the realm of
 
  A) positive economics.
  B) normative economics.
  C) microeconomics.
  D) macroeconomics.


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stano32

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


altibaby

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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