Points outside the Production Possibilities Frontier are
A) attainable.
B) unattainable.
C) associated with some unemployment.
D) both attainable and unattainable.
Correct Answer:
Verified
Q1: The fact that the production possibilities frontier
Q2: A production possibilities frontier is a simple
Q3: The underlying reason production possibilities frontiers are
Q5: The optimization assumption suggests that people make
A)irrational
Q6: The one word in the definition of
Q7: Scarcity implies that the allocation scheme chosen
Q8: The underlying reason that there are unattainable
Q9: A resource
A)must come from the earth.
B)only includes
Q10: Something is scarce as long as
A)there is
Q11: Points on the Production Possibilities Frontier are
A)attainable.
B)unattainable.
C)associated
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