Solved

The Points at Which a Country-S Production Possibilities Frontier Touches

Question 2

Multiple Choice

The points at which a country-s production possibilities frontier touches each of the coordinate axes measure:


A) the redistributive effect of opting for one technology over another.
B) the redistributive effect of trading one item rather than another.
C) the levels of output that can be produced if resources that otherwise could produce other items are left idle and unused.
D) the maximum quantities of each good that residents can produce using all resources.

Correct Answer:

verifed

Verified

Related Questions