When an economy's resources are not fully employed,then it must be true that the:
A) production point is located outside and to the right of the production possibilities frontier.
B) production point is located along the production possibilities frontier.
C) production point is located inside and to the left of the production possibilities frontier.
D) production possibilities frontier shifts to the right.
E) production possibilities frontier shifts to the left.
Correct Answer:
Verified
Q21: The law of increasing costs indicates that
Q24: If an economy is producing at full
Q25: A point outside a production possibilities curve
Q26: Exhibit 2-2 Production possibilities frontier

Q31: A production possibilities frontier shows the various:
A)combinations
Q32: Which of the following is not true
Q33: A point outside a production possibilities curve
Q34: Exhibit 2-2 Production possibilities frontier

Q40: Which of the following is true about
Q96: Along a production possibilities curve showing capital
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