« previous next »

Author Question: When economic growth occurs, the A) economy moves along its production possibilities frontier. ... (Read 83 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
When economic growth occurs, the
 
  A) economy moves along its production possibilities frontier.
  B) production possibilities frontier shifts outward.
  C) production possibilities frontier becomes steeper.
  D) production possibilities frontier shifts outward but no longer limits the amount that can be produced.

Question 2

The equilibrium quantity in the above figure is
 
  A) 200 units.
  B) 300 units.
  C) 400 units.
  D) 600 units.


Brenm

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

General features of a growth factor or hormone signalling pathway that promotes cell division General features of a growth factor or hormone signalling pathway that promotes cell division
Seedling growth showing the triple response to ethylene. Seedling growth showing the triple response to ethylene.
projections of future oil production projections of future oil production
Economic Costs of CVD Economic Costs of CVD
Production of Ethanol process Production of Ethanol process
Growth and quality of life Growth and quality of life
Video: System organization - PPM system types (Somatic, Autonomic & Enteric) and Reflex arc types

For a complete list of videos, visit our video library