A point outside the production possibilities curve PPC:
a. represents inefficient use of resources.
b. represents the prevalence of unemployment.
c. is attainable if all resources are used efficiently.
d. represents more resources than are currently available.
e. will never be attainable, even if the quantity of resources increases.
Question 2
Which of the following demonstrates marginal thinking?
a. Deciding to never eat meat.
b. Deciding to spend one more hour studying economics tonight because you think the improvement on your next text will be large enough to make it worthwhile to you.
c. Deciding to go to a Sociology class that you usually skip because there is a guest lecturer you are really interested in hearing that day.
d. Both b. and c. demonstrate marginal thinking.
A theoretical photosynthetic response curve.
Natural Resources and Industry
Titration curve for aspartic acid
Minerals are nonrenewable resources in limited supply
The Kuznets Curve in England and Wales, 1823–1915
Satellite data showing net primary production. Productivity is coded as red (highest) down through o