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Author Question: Each point on a production possibilities frontier requires full employment of resources. a. True ... (Read 42 times)

nramada

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on: Jul 1, 2018
Each point on a production possibilities frontier requires full employment of resources.
 a. True
  b. False

Question 2

Which of the following is an example of division of labor?
 a. an author writing a book one chapter at a time
  b. a firm trying to get rid of a labor union
  c. separating resources into four categories: land, labor, capital, and entrepreneurial ability
  d. allocating revenue among a firm's resource suppliers
  e. dividing an assembly process into separate steps


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mcni194

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

A

Answer to Question 2

E


nramada

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Reply #2 on: Jul 1, 2018
Correct answers!


mcni194

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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