A production possibilities curve represents
A. all possible combinations of output that could be produced at zero opportunity cost.
B. all possible combinations of output that could be produced assuming fixed productive resources and their efficient use.
C. all possible combinations of output that could be produced assuming changing technology.
D. the notion that greater quantities of all goods may be produced.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A production possibilities curve represents A. all possible combinations of output that could be produced at zero opportunity cost. B. all ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What type of firms recognize that including a strong social orientation in business is a sound strategy that is in both its own and its customers' best interest? supply chain management firmssocially responsible firmstech savvy firmsInternet firms E.
Answers (1)
On July 9, Mifflin Company receives an $8,500, 90-day, 8% note from customer Payton Summers as payment on account.
Answers (1)
Do warehouse laborers require college training?
Answers (2)
If you are thinking about starting a small business, it is often a good idea to work for about three years for someone else in the same industry before venturing out on your own.
Answers (1)
A manager requires all job applicants to complete an online questionnaire that claims to tell the manager if each applicant is an extrovert or an introvert.
Answers (1)
New Questions in Business
The costs of materials consumed in producing good units in the Production Department of Jacobs Company were $38,000 and $39,125 for June and July, respectively.
Answers (1)
How would small business owners apply this concepts to maximize his or her wealth?
Answers (1)
One difference between total utility and marginal utility is that
Answers (1)
Michaels sets goals at the top of the organization. Then, breaks down these objectives for merchandise categories and regions. When these objectives reach the buyers, each objective is personalized. What does this process demonstrate?
Answers (1)
The underlying principle found in almost all codes of ethics established by professional organizations or corporations is
Answers (1)