Production efficiency occurs when production ________. A) is ...

[lilldybug07]

Production efficiency occurs when production ________.
 
  A) is at a point beyond the production possibilities frontier
  B) is on the production possibilities frontier or inside it
  C) is at any attainable point
  D) is on the production possibilities frontier

Question 2

The opportunity costs perceived by decision makers determine
 
  A) both demand and supply curves.
  B) demand curves.
  C) either demand or supply curves, but not both in the same case.
  D) supply curves.

[sultana.d]

Answer to Question 1

D

Answer to Question 2

A

[lilldybug07]

TYSM

[bblaney]

Excellent