« previous next »

Author Question: The production possibilities curve depicts the various combinations of two goods that can be: a. ... (Read 76 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
on: Jun 30, 2018
The production possibilities curve depicts the various combinations of two goods that can be:
 a. interchanged among two countries.
  b. produced with a given technology.
  c. consumed with a given quantity of resources.
  d. produced with increments in resources and changes in technology.
  e. consumed as the resources increase.

Question 2

The production possibilities curve illustrates all of the following concepts except:
 a. the law of increasing costs.
  b. unlimited wants.
  c. scarcity.
  d. opportunity cost.
  e. availability of resources.


firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
Selected OTC Antihistamine Combinations Selected OTC Antihistamine Combinations
Titration curve for aspartic acid Titration curve for aspartic acid
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library