« previous next »

Author Question: ________ is a situation in which a good or service is produced at the lowest possible cost. A) ... (Read 91 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
on: Jun 29, 2018
________ is a situation in which a good or service is produced at the lowest possible cost.
 
  A) Equity B) Allocative efficiency
  C) Productive efficiency D) Optimal marginalism

Question 2

A decrease in population shifts the production possibilities frontier outwards over time.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
Are good deeds selfish? Are good deeds selfish?
A good posture for practicing meditation is seated in a chair with the back upright and in ... A good posture for practicing meditation is seated in a chair with the back upright and in ...
Good body mechanics for sitting on chair while performing massage. A. Sit with back and head in ... Good body mechanics for sitting on chair while performing massage. A. Sit with back and head in ...
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Uniparental disomy can be produced by several mechanisms involving nondisjunction in meiosis, nondis Uniparental disomy can be produced by several mechanisms involving nondisjunction in meiosis, nondis
Video: T cell receptors

For a complete list of videos, visit our video library