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Author Question: If some resources went to waste rather to use in production, the economy would operate outside its ... (Read 158 times)

jon_i

  • Hero Member
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  • Posts: 549
on: Jun 30, 2018
If some resources went to waste rather to use in production, the economy would operate outside its production possibility curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If more of one good can be produced without producing less of another output, the economy must have been operating efficiently.
 a. True
  b. False
  Indicate whether the statement is true or false


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tranoy

  • Sr. Member
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  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


jon_i

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Excellent

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

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