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Author Question: The short run is a time frame in which A) the quantities of some factors of production are fixed ... (Read 39 times)

magmichele12

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on: Jun 29, 2018
The short run is a time frame in which
 
  A) the quantities of some factors of production are fixed and the quantities of other factors of production can be varied.
  B) the quantities of all factors of production can be varied.
  C) the quantities of all factors of production are fixed.
  D) all costs are sunk costs.

Question 2

The above figure illustrates Mary's production possibilities frontier. Which of the following movements show opportunity costs increasing?
 
  A) point a to point b to point c
  B) point a to point f
  C) point f to point a
  D) point c to point f to point d


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AaaA

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


magmichele12

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

T4T

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Reply 3 on: Yesterday
Excellent

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