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

Author Question: Points inside the production possibilities frontier represent a. full and efficient use of all ... (Read 103 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


luvbio

  • Member
  • Posts: 623
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Mitosis + Check Points 4 of 5 Mitosis + Check Points 4 of 5
The fossil record of chimpanzees is sparse. The femur from Kikongo, Uganda (c) may represent a late The fossil record of chimpanzees is sparse. The femur from Kikongo, Uganda (c) may represent a late
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
British Iron Production, 1600–1870 British Iron Production, 1600–1870
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
Beethoven - Moonlight Sonata (FULL) Beethoven - Moonlight Sonata (FULL)
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library