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Author Question: When production efficiency does NOT occur, i. an economy is producing at a point within its PPF. ... (Read 39 times)

yoroshambo

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When production efficiency does NOT occur,
 
  i. an economy is producing at a point within its PPF.
  ii. there are unemployed resources.
  iii. allocative efficiency cannot occur.
  A) i only
  B) i and ii
  C) iii only
  D) i and iii
  E) i, ii, and iii

Question 2

In the Borda-count voting method, irrelevant alternatives are never an issue.
 
  Indicate whether the statement is true or false



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tennis14576

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Answer to Question 1

E

Answer to Question 2

FALSE




yoroshambo

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Reply 2 on: Jun 29, 2018
Excellent


Zebsrer

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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