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.
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.
举一反三
- 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
- 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
- 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.
- What are the most important natural resources in Canada A: [A] Forest resources. B: [B] Mineral resources. C: [C] Water resources. D: [D] Agricultural resources.
- If an economy is represented by a point inside its production possibilities curve: