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Sammyjoe1105 Sammyjoe1105
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2 months ago

Which of the following statements is true?



▸

In a world of efficiently used scarce resources, more of one good necessarily means less of some other good.



▸

The law of increasing opportunity costs assumes that all people have the same ability to produce goods.



▸

Efficiency implies that it is impossible to get more of one good without getting less of another.



▸

Even if a country has unemployed resources, it can still be operating on its production possibilities frontier (PPF).



▸

a and c

Textbook 
Economics

Economics


Edition: 12th
Author:
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anitasaganitasag
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2 months ago
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a and c
1

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Sammyjoe1105 Author
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2 months ago
You make an excellent tutor!
kh540941
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Yesterday
Correct Slight Smile TY
lubennick
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2 hours ago
Smart ... Thanks!
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