Multiple Choice

-Exhibit B-3 shows an economy's production possibilities table. As additional units of capital goods are produced, the quantity of consumption goods produced _________,because _____________.
A) increases; the production possibilities table shows only the maximum efficiency points
B) increases; of the law of increasing costs
C) decreases; of the law of increasing costs
D) decreases; there is a limited supply of resources
E) increases; capital goods are used to produce consumption goods
Correct Answer:
Verified
Related Questions
Q48: Factors of production do not include
A) land
B)
Q49: A good example of land resources is
A)
Q50: The entrepreneur
A) serves as a liaison between
Q51: The activity involved in managing a firm