Multiple Choice
Which of the following is NOT illustrated by a production possibilities frontier?
A) Opportunity cost
B) The necessity for choice
C) Who gets the goods
D) Scarcity
Correct Answer:
Verified
Related Questions
Q70: Economic growth comes from
A)capital accumulation and the
Q71: If the marginal benefit of a good
Q72: The term "market" refers to
A)physical structures only.
B)trading
Q73: Allocative efficiency occurs when
A)we cannot produce more