Moving along the production possibilities frontier itself illustrates
A) the existence of tradeoffs.
B) the existence of unemployment of some factors of production.
C) the benefits of free lunches.
D) how free lunches can be exploited through trade.
E) how tradeoffs need not occur if the economy is efficient.

Question

Quizplus · Accepted Answer

Moving along the production possibilities frontier involves shifting resources from one good to another, illustrating the tradeoff between the production of one good and the production of another.

Moving Along the Production Possibilities Frontier Itself Illustrates