Multiple Choice
In a market operating along the production possibilities curve, which of the following is inevitable if the production of one of the goods is increased?
A) inefficiency
B) labor shortage
C) unemployed resources
D) less of other goods must be produced
Correct Answer:

Verified
Correct Answer:
Verified
Q62: Exhibit 3-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-3
Q63: Exhibit 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-4
Q64: If an economy is operating inside its
Q65: Exhibit 3-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-7
Q66: Other things being constant, an economy must
Q68: Exhibit 3-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-9
Q69: Exhibit 3-13 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-13
Q70: A system of economic organization in which
Q71: A production possibilities curve that is linear
Q72: The position of a country's production possibilities