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Author Question: A society that is producing on its production possibilities frontier is A) not utilizing all of ... (Read 74 times)

Pea0909berry

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on: Jun 29, 2018
A society that is producing on its production possibilities frontier is
 
  A) not utilizing all of its resources.
  B) not being technologically efficient.
  C) producing too much output.
  D) fully utilizing all of its productive resources.

Question 2

When a nation exports a good or service, employment in that industry
 
  A) decreases.
  B) stays the same.
  C) increases.
  D) might change, but more information about what else the country exports is needed to determine if employment increases, decreases, or does not change.
  E) might change, but more information about what the country imports is needed to determine if employment increases, decreases, or does not change.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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randomguy133

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

D

Answer to Question 2

C


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