This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Any point on the production possibilities curve illustrates: a. minimum production combinations. b. ... (Read 108 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
Any point on the production possibilities curve illustrates:
 a. minimum production combinations. b. maximum production combinations.
  c. economic growth. d. a nonfeasible production combination.

Question 2

The production possibilities curve shows that:
 a. some of one good must be given up to get more of another good in an economy that is operating efficiently.
  b. no output combination is impossible.
  c. an economy that is operating efficiently can have more of one good without giving up some of another good.
  d. scarcity can be eliminated.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Wow, this really help

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p
A Dose-Response Curve A Dose-Response Curve
IQ scores form what mathematicians call a normal distribution "bell curve" IQ scores form what mathematicians call a normal distribution "bell curve"
Find the resultant for the following force combinations Find the resultant for the following force combinations
Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2] Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2]
Production of ABO blood group antigens Production of ABO blood group antigens
Video: Asthma Treatment

For a complete list of videos, visit our video library