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Author Question: If some resources were used inefficiently, the economy would operate outside its production ... (Read 64 times)

tfester

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If some resources were used inefficiently, the economy would operate outside its production possibilities curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Each and every point along a production possibilities curve represents an efficient output option for an economy.
 a. True
  b. False
  Indicate whether the statement is true or false



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ttt030911

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Answer to Question 1

False

Answer to Question 2

True




tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Excellent


aliotak

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  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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