Multiple Choice
In constructing a production possibilities curve, all of the following are assumed EXCEPT
A) resources are fully employed.
B) the quantity and quality of resources being used is fixed.
C) the state of technology is improving.
D) the time period involved is fixed.
Correct Answer:

Verified
Correct Answer:
Verified
Q204: A person has a comparative advantage in
Q205: A point outside a production possibilities curve
Q206: Which of the following statements is TRUE
Q207: Assuming a CEO has to sacrifice more
Q208: The reason the production possibilities curve is
Q210: Education and training of workers would best
Q211: Generally, if a nation produces more consumer
Q212: Which of the following is NOT considered
Q213: In 2016, tornadoes damaged many parts of
Q214: A company office can be thought of