This topic contains a solution. Click here to go to the answer

Author Question: At various points along the production possibilities frontier, a. the greatest achievable output ... (Read 70 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
At various points along the production possibilities frontier,
 a. the greatest achievable output levels are illustrated
  b. resources are not fully employed
  c. more of one good can be obtained without giving up more of the other
  d. more efficient output levels are possible
  e. society is equally well off

Question 2

On a given production possibilities frontier, which of the following is not assumed to be fixed?
 a. the amount of labor available
  b. the amount of capital available
  c. the level of technology
  d. the amount of land and natural resources available
  e. production of each item



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

A

Answer to Question 2

E




fnuegbu

  • Member
  • Posts: 539
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library