Multiple Choice
One assumption underlying the production possibilities curve is that
A) the quantity of the resources available for the production of economic goods is fixed over a given time period.
B) some of the factors of production are not being used.
C) at least one of the factors of production is a free good.
D) there is at least one factor of production that is employed inefficiently.
Correct Answer:
Verified
Correct Answer:
Verified
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