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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: As an economy grows, (Multiple Choice Question)
Post by: Loraine on Jun 20, 2015
As an economy grows,
A) its PPF shifts outward.
B) it can eliminate scarcity.
C) the opportunity cost of production will approach 0.
D) the opportunity cost of production will increase.
E) its PPF does not shift; instead, the production point moves from inside the PPF to be closer to the PPF.


Title: Re: As an economy grows,
Post by: Dropx on Aug 18, 2015
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Title: Re: As an economy grows,
Post by: Dropx on Aug 31, 2015
Thanks for updating the community. A lot posters don't realize how important feedback is!