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Author Question: A bowed production possibilities curve is consistent with A) an unchanged opportunity cost. B) a ... (Read 75 times)

abarnes

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A bowed production possibilities curve is consistent with
 
  A) an unchanged opportunity cost.
  B) a technologically inefficient society.
  C) the underutilization of productive resources.
  D) highly specialized resources.

Question 2

The ceteris paribus assumption means
 
  A) favors are returned in kind.
  B) this is the proof of the matter.
  C) from many, one.
  D) other things are equal.



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zenzy

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Answer to Question 1

D

Answer to Question 2

D





 

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