Author Question: If a firm accumulates unwanted inventories, then it A) must hire more workers. B) will increase ... (Read 138 times)

Pineapplelove6 · **on:** Jun 29, 2018

If a firm accumulates unwanted inventories, then it

A) must hire more workers.
B) will increase its production.
C) has actual investment equal to its planned investment.
D) will decrease its production.
E) has actual investment that is less than its planned investment.

Question 2

The table above shows a nation's production possibilities frontier. The opportunity cost of a robot between combination D and E is

A) 1/4 of a pizza.
B) 34 pizzas.
C) 30 pizzas.
D) 4 pizzas.
E) undefined because neither point is production efficient.