Biology Forums - Study Force

Other Fields Homework Help Business Topic started by: Lauren1 on Nov 11, 2014



Title: The country whose production possibilities frontier is illustrated above is curr
Post by: Lauren1 on Nov 11, 2014
The country whose production possibilities frontier is illustrated above is currently at position A on the production possibilities frontier. If it wishes to move to position B, it will
A) find this change impossible to achieve given the resources it currently possesses.
B) have to employ all currently unemployed resources to accomplish this.
C) incur an opportunity cost of having to give up some butter in order to make the additional amount of guns desired.
D) be able to make the desired switch only if there is a significant improvement in the technology available to the nation.


Title: Re: The country whose production possibilities frontier is illustrated above is curr
Post by: MrDereche on Nov 16, 2014
Content hidden


Title: Re: The country whose production possibilities frontier is illustrated above is curr
Post by: Lauren1 on Nov 17, 2014
Thank you, this really, really helps :heart:


Title: Re: The country whose production possibilities frontier is illustrated above is curr
Post by: MrDereche on Nov 17, 2014
You're welcome!