Multiple Choice
If Harold can increase production of good X without decreasing production of any other good, then Harold
A) is producing on his production possibilities frontier.
B) is producing outside his production possibilities frontier.
C) is producing inside his production possibilities frontier.
D) must have a linear production possibilities frontier.
E) must prefer good X to any other good.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: The fact that resources are not equally
Q51: Use the figure below to answer the
Q78: Ted chooses to study for his economics
Q102: If Harold must decrease production of some
Q103: A medical clinic has 10 workers. Each
Q105: In general, if country A is accumulating
Q106: Use the table below to answer the
Q108: As we move down the bowed-out production
Q111: Tom and Don have different opportunity costs
Q112: When the market achieves allocative efficiency,<br>A)marginal benefit