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
A: is unattainable
B: is associated with unused resources
C: is attainable only if prices fall.
D: is attainable only if prices rise
举一反三
- 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
- Production points inside the production possibilities frontie A: are unattainable. B: are attainable only with the full utilization of all resources. C: are associated with unused or misallocated resources. D: esult in more rapid growth.
- On a production possibilities frontier, production is efficient if the production point is
- The decrease in world food prices was a result of ______. A: the over production on the part of the main food-exporting countries B: a sharp fall in the purchasing power of the consumers C: a sharp rise in the prices of home-produced food D: a sharp fall in the cost of food production
- 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.