Solved

In Terms of the Production Possibility Frontier,the Inefficient Use of Available

Question 205

Multiple Choice

In terms of the production possibility frontier,the inefficient use of available resources is shown by:


A) an increase in the labor force growth rate.
B) a movement from one point to another along the production possibility frontier.
C) an inward shift of the production possibility frontier due to the lack of opportunity.
D) production at a point inside the production possibility frontier.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions