This topic contains a solution. Click here to go to the answer

Author Question: Each point on a production possibilities frontier requires full employment of resources. a. True ... (Read 97 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
Each point on a production possibilities frontier requires full employment of resources.
 a. True
  b. False

Question 2

Which of the following is an example of division of labor?
 a. an author writing a book one chapter at a time
  b. a firm trying to get rid of a labor union
  c. separating resources into four categories: land, labor, capital, and entrepreneurial ability
  d. allocating revenue among a firm's resource suppliers
  e. dividing an assembly process into separate steps



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcni194

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

A

Answer to Question 2

E





 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library