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 106 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?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library