Solved

The Fact That Resources Are Not Equally Productive in All

Question 49

Multiple Choice

The fact that resources are not equally productive in all activities


A) implies that a production possibilities frontier will be bowed outward.
B) implies that gains from specialization and trade are unlikely.
C) follows from the law of demand.
D) implies a linear production possibilities frontier.
E) implies that an economy should not produce certain goods.

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