Multiple Choice
Figure 3-4
-Which of the following would make point Q in Figure 3-4 attainable?
A) full-employment policies
B) a technological advance in the production of apples only
C) an increase in land available for agriculture
D) a transfer of available resources from apples to wheat
Correct Answer:

Verified
Correct Answer:
Verified
Q29: Economists define "efficiency" as the absence of
Q103: Which principle states that as the production
Q116: Goods that are actually produced by firms
Q135: The production possibilities frontier for a country
Q165: Any point on or outside the PPF
Q167: In early 1996, the upper Midwest suffered
Q169: According to the law of comparative advantage,
Q171: If the PPF for guns and butter
Q174: The divergence between money costs and opportunity
Q184: The concept of opportunity cost in a