One of the assumptions underlying the production possibilities curve for any given economy is that:
A) the state of technology changes.
B) there is an unlimited supply of resources.
C) there is full employment of resources when the economy is on the curve.
D) goods can be produced outside the curve.
Correct Answer:
Verified
Q79: As production of a good increases, opportunity
Q95: A point inside a production possibilities curve
Q96: Along a production possibilities curve showing capital
Q98: Using a production possibilities curve, an economy
Q99: Exhibit 2-3 Production possibilities curve data
Q101: Exhibit 2-8 Production possibilities curve data
Q102: Exhibit 2-13 Production possibilities curve 
Q103: Exhibit 2-10 Production possibilities curve data
Q104: Exhibit 2-13 Production possibilities curve
Q105: Exhibit 2-7 Production possibilities curve
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