A president of the United States promises to produce more defense goods without any decreases in the production of other goods. This promise can be valid
A) if the United States is producing at a point inside its production possibilities frontier.
B) if the United States is producing at a point beyond its production possibilities frontier.
C) only if the production possibilities frontier shifts rightward.
D) if the United States is producing at a point on its production possibilities frontier.
Correct Answer:
Verified
Q23: A situation in which some resources are
Q25: Q26: Any point on a production possibilities frontier Q27: Production efficiency can be defined as Q29: Production efficiency requires that Q31: Jane produces only corn and cloth. Taking Q32: Suppose the country of Popcorn produces only Q32: Production points inside the production possibilities frontier Q33: A reduction in the amount of unemployment Q37: A point inside a production possibilities frontier![]()
A) being
A) production is at
A)
A)
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents