Sunday, July 3, 2011

If all resources are used efficiently to produce goods and services, a nation will find itself producing

ECONOMICS

Multiple Choice

Multiple Choice

If all resources are used efficiently to produce goods and services, a nation will find itself producing

a.inside its production possibilities frontier

b.somewhere on its production possibilities frontier

c.outside of its production possibilities frontier

d.at one extreme end of its production possibilities frontier

e.more of one product with no decrease in the production of any other product

Click here for the SOLUTION

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