Economics problem

Chapter 2 The Economic Problem 1) The production possibilities frontier is the boundary between A) those combinations of goods and services that can be produced and those that can b B) those resources that are limited and those that are unlimited. C) those combinations of goods and services that can be produced and those that cannot D) those wants that are limited and those that are unlimited. 2) The production possibilities frontier is A) upward sloping and reflects unlimited choices. B) upward sloping and reflects tradeoffs in choices. C) downward sloping and reflects unlimited choices. D) downward sloping and reflects tradeoffs in choices. 3) The production