France produces wine and tractors. If, given the same resources, France can increase production of wine and tractors, at the same time, then France
A: is producing outside his Production Possibility Frontier
B: is has achieved technological advancement in the production of kola and cashew nuts
C: is producing on its Production Possibility Frontier
D: is producing inside its Production Possibility Frontier
A: is producing outside his Production Possibility Frontier
B: is has achieved technological advancement in the production of kola and cashew nuts
C: is producing on its Production Possibility Frontier
D: is producing inside its Production Possibility Frontier
举一反三
- 中国大学MOOC: If a country produces good Y (measured on the vertical axis) and good X (measured on the horizontal axis), then the absolute value of the slope of its production possibility frontier is equal to _____________.
- On a production possibilities frontier, production is efficient if the production point is
- Production efficiency occurs when production ( ). A: is at a point beyond the production possibilities frontie B: is on the production possibilities frontier or inside it C: is at any attainable point D: is on the production possibilities frontie
- Any production point outside the production possibilities frontier _______ A: is unattainable B: is associated with unused resources C: is attainable only if prices fall. D: is attainable only if prices rise
- Refer to the production possibilities frontier in the figure above. Production point ________ represents an ________ production point. A: b; unattainable. B: c; unattainable. C: e; inefficient. D: c; inefficient.