Solved

Some of Our Farm Fields Are Being Left Unused

Question 99

Multiple Choice

Some of our farm fields are being left unused.Does this have any implications for the economy's PPF diagram (with agricultural products on one axis and all other products on the other axis) ?


A) There are no implications because the PPF deals only with resources in use.
B) The PPF cannot be drawn if some resources are idle.
C) With unemployed resources,we are at a point below (inside) the PPF.
D) The PPF would be upward sloping.

Correct Answer:

verifed

Verified

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

Related Questions