Sunday, July 3, 2011

On a given production possibilities frontier, which of the following is not assumed to be fixed?

ECONOMICS

Multiple Choice

Multiple Choice

On a given production possibilities frontier, which of the following is not assumed to be fixed?

a.the amount of labor available

b.the amount of capital available

c.the level of technology

d.the amount of land and natural resources available

e.production of each item

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