-In the figure above, point A is undesirable because
A) point E is a more realistic option in this economy.
B) the opportunity costs of health care is too high.
C) there is an inefficient use of resources.
D) too much health care is being produced.
Correct Answer:
Verified
Q219: An expansion of the production possibilities frontier
Q220: Capital accumulation definitely
A) makes the production possibilities
Q221: Q222: Q223: Consider a production possibilities frontier with corn Q225: Q226: Suppose the United States discovers a way Q228: Technological change Q229: Suppose a scientific breakthrough made free solar Q325: 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
A) creates inefficiency.
B) shifts the PPF