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Author Question: If some resources went to waste rather to use in production, the economy would operate outside its ... (Read 165 times)

jon_i

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If some resources went to waste rather to use in production, the economy would operate outside its production possibility curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If more of one good can be produced without producing less of another output, the economy must have been operating efficiently.
 a. True
  b. False
  Indicate whether the statement is true or false



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tranoy

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Answer to Question 1

False

Answer to Question 2

False




jon_i

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


amandalm

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  • Posts: 306
Reply 3 on: Yesterday
Wow, this really help

 

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