Figure 3-4
-Which of the following would make point Q in Figure 3-4 attainable?
A) Full-employment policies
B) A technological advance strictly applicable to the production of apples
C) An increase in land available for agricultural use
D) A transfer of available resources from apples to wheat production
Correct Answer:
Verified
Q205: Figure 3-5 Q206: If the economy of Gwondanaland is growing Q207: Is faster economic growth unambiguously better? Q208: Figure 3-3 Q209: Economists define efficiency as Q211: Which of the following does not determine Q212: Opportunity costs exist for Q213: Which of the following events create an Q214: If an economy is operating inefficiently, then Q215: Is increased capital spending the only way
A)No, because
A)output maximization.
B)the absence of
A)households but not businesses
A)the
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