This topic contains a solution. Click here to go to the answer

Author Question: All points on the production possibilities curve represent efficient levels of production. a. True ... (Read 128 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
All points on the production possibilities curve represent efficient levels of production.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

On the production possibilities curve, a movement between points that yields a loss of one good in order to raise the output of another good will maintain efficient production.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Shshxj

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

True

Answer to Question 2

True




segrsyd

  • Member
  • Posts: 530
Reply 2 on: Jun 30, 2018
Wow, this really help


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library