Any point on the production possibilities curve illustrates:
A) minimum production combinations.
B) maximum production combinations.
C) economic growth.
D) a nonfeasible production combination.
Correct Answer:
Verified
Q71: The production possibilities curve depicts the various
Q72: Efficient production means producing:
A) less than feasible
Q73: What shape is the production possibilities curve
Q74: A production possibilities curve shows the:
A) dollar
Q75: Of factors which affect any economy's production
Q77: When an economy's resources are not fully
Q78: An efficient economy:
A) uses available resources fully.
B)
Q79: When the production possibilities curve is bowed
Q80: The production possibility curve is bowed outward
Q81: All points on the production possibilities curve
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