Multiple Choice
When will a production possibilities frontier be linear and not bowed out?
A) If no tradeoffs exist.
B) If the tradeoff between the two goods is always at a constant rate.
C) If unemployment is zero.
D) If resources are allocated efficiently.
Correct Answer:

Verified
Correct Answer:
Verified
Q160: Figure 3-3<br>Ice cream is measured in kilograms.
Q161: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4
Q162: Table 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-6
Q163: Figure 3-3<br>Ice cream is measured in kilograms.
Q164: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
Q166: Suppose that a worker in Freedonia can
Q167: Table 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-1
Q168: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4
Q169: According to Adam Smith, what should a
Q170: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4