ECO402 - Microeconomics
Question(s) similar to the following:
If an economy is operating at a point inside the production possibilities curve,
Question 1: If an economy is operating at a point inside the production possibilities curve,
its resources are being wasted.
the curve will begin to shift inward.
the curve will begin to shift outward.
This is a trick question because an economy cannot produce at a point inside the curve.
Similar Questions:
Question 2: If an economy is operating at a point inside the production possibilities curve,
its resources are being wasted.
the curve will begin to shift inward.
the curve will begin to shift outward.
This is a trick question because an economy cannot produce at a point inside the curve.
Quizzes of ECO402 - Microeconomics
Question 1: If an economy is operating at a point inside the production possibilities curve,
its resources are being wasted.
the curve will begin to shift inward.
the curve will begin to shift outward.
This is a trick question because an economy cannot produce at a point inside the curve.
Similar Questions:
Question 2: If an economy is operating at a point inside the production possibilities curve,
its resources are being wasted.
the curve will begin to shift inward.
the curve will begin to shift outward.
This is a trick question because an economy cannot produce at a point inside the curve.
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