« previous next »

Author Question: Reductions in available resources will cause the production possibilities curve to: a. expand. b. ... (Read 55 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
Reductions in available resources will cause the production possibilities curve to:
 a. expand. b. disappear.
  c. become vertical. d. shift inward.

Question 2

In order for an economy to shift its production possibilities curve rightward, it must:
 a. suffer resource unemployment.
  b. experience an increase in its resources and/or an improvement in its technology.
  c. use its resources more efficiently than at points along the curve.
  d. all of these.


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
projections of future oil production projections of future oil production
Production of monoclonal antibodies Production of monoclonal antibodies
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
A comparison of sperm production and egg production in humans A comparison of sperm production and egg production in humans
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library