Author Question: A point on a production possibilities curve indicates A) resources are not being used ... (Read 92 times)

jc611 · **on:** Jun 29, 2018

A point on a production possibilities curve indicates

A) resources are not being used efficiently.
B) resources are being used efficiently.
C) opportunity costs are constant.
D) an output combination that can be attained only if society gets more resources or there is technological change.

Question 2

Since 1950, it can be observed that the female participation rate in our labor force has

A) increased.
B) decreased.
C) stayed constant.
D) moved erratically up and down.