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

Author Question: A production possibilities frontier will shift outward if there is an improvement in technology. a. ... (Read 105 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
on: Jul 1, 2018
A production possibilities frontier will shift outward if there is an improvement in technology.
 a. True
  b. False

Question 2

On a production possibilities frontier, the opportunity cost of one more unit of a commodity per time period is measured by the
 a. monetary price of the commodity
  b. amount of the other commodity that must be sacrificed
  c. amount of unemployed resources that must be used
  d. amount of satisfaction it gives consumers
  e. amount of tax paid to government for production, sale, and use of the commodity


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jul 1, 2018
Excellent

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

The fruits of DNA technology, made possible by bacterial genetics The fruits of DNA technology, made possible by bacterial genetics
Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t
Li-Fi Technology Li-Fi Technology
Dara Birnbaum, Technology/Transformation: Wonder Woman. Dara Birnbaum, Technology/Transformation: Wonder Woman.
Four Possibilities in Judging the Presence or Absence of a Stimulus Four Possibilities in Judging the Presence or Absence of a Stimulus
Production of colorless sectors and reversion of the unstable colorless Production of colorless sectors and reversion of the unstable colorless
Video: Oxygen transport - methods and oxyhemoglobin

For a complete list of videos, visit our video library