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Author Question: Points inside the production possibilities frontier represent a. full and efficient use of all ... (Read 89 times)

luvbio

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on: Jul 1, 2018
Points inside the production possibilities frontier represent
 a. full and efficient use of all resources
  b. inefficiency or unemployment (or both)
  c. currently unattainable combinations of outputs
  d. currently unattainable combinations of resources
  e. the most desirable combinations of outputs

Question 2

A point outside the production possibilities frontier
 a. represents unemployment of resources
  b. represents full employment of resources
  c. would not represent an efficient combination of goods
  d. cannot be reached using the available technology
  e. is less desirable than one that lies inside the frontier


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shayla

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


luvbio

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

bdobbins

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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