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

Author Question: A production possibilities frontier will be bowed out if a. there is scarcity b. resources are ... (Read 45 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jul 1, 2018
A production possibilities frontier will be bowed out if
 a. there is scarcity
  b. resources are used efficiently
  c. production of one good involves an opportunity cost
  d. resources are not perfectly adaptable to making each good
  e. technology is improving

Question 2

If the production possibilities frontier is a straight line,
 a. its slope will equal -1
  b. resources must not be used efficiently
  c. resources must be unemployed
  d. society must not be using the latest technology
  e. resources must be equally adaptable at producing either product


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jadwiga9

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

D

Answer to Question 2

E


Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jul 1, 2018
Excellent

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Primary production is constrained by the most limiting factor. Primary production is constrained by the most limiting factor.
projections of future oil production projections of future oil production
Processing—Mineral Resources Processing—Mineral Resources
Spain’s North American Frontier, c. 1750 Spain’s North American Frontier, c. 1750
Production-scale tangential flow filtration system. Production-scale tangential flow filtration system.
Vitamin C contributes to healthy, glowing skin by facilitating the production of collagen Vitamin C contributes to healthy, glowing skin by facilitating the production of collagen
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library