Chat with AI
Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 10
An economy produces hot dogs and hamburgers. If a discovery of the remarkable health benefits of hot dogs were to change consumers' preferences, it would
A) expand the production possibilities frontier.
B) contract the production possibilities frontier.
C) move the economy along the production possibilities frontier.
D) move the economy inside the production possibilities frontier.
A) expand the production possibilities frontier.
B) contract the production possibilities frontier.
C) move the economy along the production possibilities frontier.
D) move the economy inside the production possibilities frontier.
Explanation
Verified
Verified
PPF curve refers to the different combin...
Essentials of Economics 7th Edition by Gregory Mankiw
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
