If an economy is represented by a point inside its production possibilities curve,
A) it can produce more of one product even if it does not produce less of another product.
B) it can produce more of one product only if it produces less of another product.
C) it cannot produce more of one product unless it stops producing the other product entirely.
D) it cannot possibly produce more of one product, even if it produces less of another product.
Correct Answer:
Verified
Q32: Recall the Application about running a lawn-cutting
Q33: Figure 2.1 Q34: The opportunity cost of something is the Q35: Recall the Application about running a lawn-cutting Q38: The opportunity cost of something is the Q39: Recall the Application about running a lawn-cutting 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