4. All points on this production possibilities curve necessarily represent: a. societys optimal choice. b. less than

Question:

4. All points on this production possibilities curve necessarily represent:

a. society’s optimal choice.

b. less than full use of resources.

c. unattainable levels of output.

d. full employment.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

Question Posted: