This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the production possibilities curve is bowed out, resources are: a. equally well-suited to ... (Read 74 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 30, 2018
When the production possibilities curve is bowed out, resources are:
 a. equally well-suited to production of both goods.
  b. not being used efficiently.
  c. not equally suited to the production of both types of goods.
  d. increasing as more of one good is produced.
  e. of an inferior quality.

Question 2

What shape is the production possibilities curve usually expected to exhibit?
 a. Upward-sloping.
  b. Bowed out.
  c. Bowed in.
  d. Straight line.
  e. U-shaped.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joewallace

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Wow, this really help

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Many Natural Resources Can Be Sustained Many Natural Resources Can Be Sustained
Metallic Resources in the World Metallic Resources in the World
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library