This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The production possibilities frontier itself illustrates A) all goods that can be produced by an ... (Read 55 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
The production possibilities frontier itself illustrates
 
  A) all goods that can be produced by an economy.
  B) the combination of goods and services that can be produced efficiently.
  C) all goods and services that are desired but cannot be produced due to scarce resources.
  D) all possible production of capital goods.

Question 2

A change in which of the following shifts the demand curve?
 
  A) the number of sellers in the market
  B) the price of the resources used to produce the product
  C) the technology with which the product is produced
  D) the tastes and preferences of consumers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


storky111

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Jun 29, 2018
Thank you


asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Pair Production and Annihilation Pair Production and Annihilation
An AC voltage is produced by a magnetic sensor. Most sensors should produce at least 0.1 volt AC ... An AC voltage is produced by a magnetic sensor. Most sensors should produce at least 0.1 volt AC ...
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Products like Beano contain enzymes that help reduce the production of gas in the large intestine Products like Beano contain enzymes that help reduce the production of gas in the large intestine
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Video: Conduction of action potentials

For a complete list of videos, visit our video library