Multiple Choice
A point outside a society's PPC is
A) technologically inefficient.
B) unattainable given the resources of the society and current technology..
C) undesirable given the implied underemployment of resources.
D) desirable since it satisfies the desires of the population.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: People who argue in favour of laissez-faire<br>A)believe
Q47: With resource specialization,<br>A)opportunity costs tend to be
Q48: If a country's production possibilities curve gets
Q49: Freely adjusting prices,profits,and private property are most
Q50: Figure 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 2-1
Q52: Figure 2-3<br>Tonnes<br>of<br>Soybeans <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 2-3 Tonnes
Q53: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 2-2
Q54: In a pure capitalist economy the least-cost
Q55: If opportunity costs remained constant,then<br>A)the production possibilities
Q56: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 2-2