This topic contains a solution. Click here to go to the answer

Author Question: In the above figure, the movement from point B to point A might be the result of A) an increase ... (Read 72 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
In the above figure, the movement from point B to point A might be the result of
 
  A) an increase in government expenditures because of a war.
  B) an increase in government expenditures because of increases in education expenditures.
  C) an increase in the demand for manufacturing goods because of new technology.
  D) a fall in the price level.

Question 2

The production possibilities frontier bows outward because
 
  A) opportunity costs are decreasing as the production of a good increases.
  B) opportunity costs are increasing as the production of a good increases.
  C) opportunity costs are fixed as the production of a good increases.
  D) resources are of uniform quality.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

D

Answer to Question 2

B




Destiiny22

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
Excellent

 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library