menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 3: The Economic Problem
  5. Question
    If an Economy Cannot Produce More of One Good Without
Solved

If an Economy Cannot Produce More of One Good Without

Question 145

Question 145

Multiple Choice

If an economy cannot produce more of one good without producing less of another good,this implies that which of the following has been achieved?


A) allocative efficiency
B) minimum marginal cost
C) PPF efficiency
D) production efficiency
E) maximum marginal benefit

Correct Answer:

verifed

Verified

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

Related Questions

Q140: Scott and Cindy both produce only pizza

Q141: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above

Q142: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above

Q143: If a country is operating at a

Q144: Which of the following is the best

Q146: Comparative advantage is directly related to which

Q147: Assume that an association of young workers

Q148: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figure

Q149: Economic growth depends upon which of the

Q150: On a typical acre of land,Iowa can

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines