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If Society Decides It Wants More of One Good and All

Question 60

Multiple Choice
If society decides it wants more of one good and all resources are fully utilized, then
A)it is unable to do this unless technology advances.
B)additional resource supplies will have to be found.
C)it has to give up some of another good and incur some opportunity costs.
D)more unemployment will occur.

If society decides it wants more of one good and all resources are fully utilized, then


A) it is unable to do this unless technology advances.
B) additional resource supplies will have to be found.
C) it has to give up some of another good and incur some opportunity costs.
D) more unemployment will occur.

Correct Answer:

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