A point inside a nation's production possibilities curve can ...

[panfilo]

A point inside a nation's production possibilities curve can represent:
 a. a recession.
  b. an increase in population size.
  c. an economic growth.
  d. a technological advancement.
  e. an improvement in living standards.

Question 2

The rule of rational choice is that in trying to make themselves better off, people alter their behavior if the expected marginal benefits to them from doing so ____ the expected marginal costs they will bear.
 a. exceed.
 b. equal.
 c. are less than.
  d. Either a. or b.

[hugthug12]

Answer to Question 1

a

Answer to Question 2

a

[panfilo]

Thanks for the timely response, appreciate it

[amandalm]

Great answer, keep it coming