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Author Question: In the above figure, the movement from point B to point A might be the result of A) an increase ... (Read 82 times)

Destiiny22

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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.



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laurnthompson

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Answer to Question 1

D

Answer to Question 2

B




Destiiny22

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Reply 2 on: Jun 29, 2018
:D TYSM


LegendaryAnswers

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Reply 3 on: Yesterday
Excellent

 

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