Solved

A Movement from a Point Inside the Production Possibilities Frontier

Question 42

Multiple Choice

A movement from a point inside the production possibilities frontier to a point on the production possibilities frontier represents


A) full employment of labour but not capital.
B) an infinite opportunity cost.
C) a free lunch.
D) a tradeoff.
E) unemployment of labour but not capital.

Correct Answer:

verifed

Verified

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

Related Questions