The production possibility curve represents
A) The supply side
B) The demand side
C) Combination of four commodities
D) None of the above
Correct Answer:
Verified
Q7: The Comparative theory of international trade is
Q8: The H-O theory of international trade was
Q9: Community indifference curves have the same characteristics
Q10: The factor price ratio(PC/PL)A < (PC/PL)B of
Q11: The H-O theory assumed the prevalence of
A)Monopolistic
Q13: Relative factor abundance in H-O theory of
Q14: The slope of the production possibility curve
Q15: The term 'factor intensity' refers to
A)The relative
Q16: The fundamental reason why different countries involve
Q17: If a country has favourable terms of
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