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Author Question: Any point on the production possibilities curve illustrates: a. minimum production combinations. b. ... (Read 53 times)

ahriuashd

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on: Jun 30, 2018
Any point on the production possibilities curve illustrates:
 a. minimum production combinations. b. maximum production combinations.
  c. economic growth. d. a nonfeasible production combination.

Question 2

The production possibilities curve shows that:
 a. some of one good must be given up to get more of another good in an economy that is operating efficiently.
  b. no output combination is impossible.
  c. an economy that is operating efficiently can have more of one good without giving up some of another good.
  d. scarcity can be eliminated.


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chloejackso

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


ahriuashd

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Zebsrer

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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