A point inside a production possibilities curve reflects:
a. the law of increasing costs.
b. technological innovation.
c. less than full use of resources and technology.
d. economic efficiency.
e. a way to increase future economic growth.
Question 2
Which of the following is true about the production possibilities curve when a technological progress occurs? The curve:
a. shifts inwards to the left.
b. becomes flatter at one end and steeper at the other end.
c. becomes steeper.
d. shifts outward to the right.
e. does not change.
Oil and Natural Gas Production from More Wells in Smaller Areas
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
Your Appearance Reflects Your Professionalism.
The production of electricity from coal is inefficient
Parasites inside and out.
Glomeromycete hypha branching inside the cell of a plant root.