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

Author Question: Any point on the production possibilities curve illustrates: a. minimum production combinations. b. ... (Read 136 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Gracias!

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Decimal Point Place Values Decimal Point Place Values
Great Britain Production of Glass 1800s Great Britain Production of Glass 1800s
The power and control wheel illustrates the strategies that one partner may use to intimidate, ... The power and control wheel illustrates the strategies that one partner may use to intimidate, ...
Four 2.0-µC point are at the corners of a rectangle with sides of length 3.0 cm and 4.0 cm. ... Four 2.0-µC point are at the corners of a rectangle with sides of length 3.0 cm and 4.0 cm. ...
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Constructing a Three-Point Recombination Map Constructing a Three-Point Recombination Map
Video: Lipid catabolism - lipolysis and beta oxidation and oxidation of fatty acids

For a complete list of videos, visit our video library