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-Which of the Following Is an Assumption Used When Drawing

Question 4

Multiple Choice

-Which of the following is an assumption used when drawing a production possibilities frontier? i. Human wants and desires are limited to what is available. Ii) Only two goods are considered. Iii) The level of technology is fixed and unchanging. A) i only B) ii only C) i and iii D) ii and iii E) i, ii, and iii
-Which of the following is an assumption used when drawing a production possibilities frontier? i. Human wants and desires are limited to what is available.
Ii) Only two goods are considered.
Iii) The level of technology is fixed and unchanging.


A) i only
B) ii only
C) i and iii
D) ii and iii
E) i, ii, and iii

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