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

Author Question: Technological progress makes the production possibilities frontier A) shift inward toward the ... (Read 90 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
Technological progress makes the production possibilities frontier
 
  A) shift inward toward the origin.
  B) become more linear and less bowed.
  C) shift outward from the origin.
  D) become less linear and more bowed.

Question 2

In the figure above, when income equals 20,000, what does consumption equal?
 
  A) 0
  B) 10,000
  C) 20,000
  D) impossible to tell



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Juro

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

C




javeds

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

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?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

For a complete list of videos, visit our video library