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Author Question: In the figure above, the point labeled C in the production possibilities frontier A) is ... (Read 109 times)

kaid0807

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on: Jun 29, 2018
In the figure above, the point labeled C in the production possibilities frontier
 
  A) is unattainable; it is beyond the productive capability of this country.
  B) represents a highly desirable output level in the long run, because it conserves scarce resources.
  C) represents either unemployed or inefficiently utilized resources.
  D) represents the maximum sustainable output level for this nation in the long run.

Question 2

Dell Computers decides to produce PCs and sell them directly over the Internet and via Best Buy. This is an example of
 
  A) incentives.
  B) a microeconomic decision.
  C) a macroeconomic decision.
  D) scarcity.


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Cheesycrackers

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

C

Answer to Question 2

B


kaid0807

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Reply 2 on: Jun 29, 2018
Gracias!

kjohnson

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Reply 3 on: Yesterday
Wow, this really help

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