Solved

If the Economy Moves from a Point Inside Its Production

Question 49

Multiple Choice

If the economy moves from a point inside its production possibilities curve to a point on its production possibilities curve, there has been:


A) Efficiency improvement.
B) Technological improvement.
C) Efficiency growth.
D) Technological growth.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents