Multiple Choice
The fundamental idea behind the production possibilities frontier is:
A) the idea of absolute advantage.
B) the trade-offs that exist in production.
C) that economic growth is unlimited.
D) that incentives matter.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: Economic growth in the modern era is
Q24: Gains from international trade are best characterized
Q25: Conan O'Brien hosts the Conan show and
Q26: If it was impossible to have a
Q27: Trade leads to increased productivity because trade
Q29: Anita is a wonderful baker and can
Q30: Brazil can produce one unit of sugar
Q31: Jack and Jill work at a bakery.
Q32: Globalization is:<br>A) pushed through by politicians while
Q33: Trade makes people better off when:<br>A) everyone