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is my answes correct?, 4 photo question and graph The production possibilities frontier shifts inward if A. the capital stock increases. B. resources are destroyed.
is my answes correct?, 4 photo question and graph
The production possibilities frontier shifts inward if A. the capital stock increases. B. resources are destroyed. C. unemployment increases. D. the labor force increases. O E. technology improves. Which of the following statements regarding the production possibilities frontier is true? O A. Points on the frontier are less efficient than points inside the frontier. B. Points outside the frontier are attainable. C. Points inside the frontier are attainable. D. None of the above because all of the above statements are false. Productive efficiency means that all of the economy's resources A. cannot be fully employed unless new technology were developed. OB. will be fully employed using the current technology. O c. cannot be fully employed using the current technology. OD. are fully employed but not using the current technology. O E. are fully employed using the current technology. Cat food (cans per month) 100- The figure shows the production possibilities frontier for Felicia's Fine Foods, a perfood producer Use the point tool to draw a point at which the firm achievos productive officiency Label Efficient Use the point tool to draw a point that is attainable but inefficient Label it inefficient When production is efficient 50 80 NO 04 A Folicia's Fine Foods can produce more at food without producing less dog food OB Foo's Fine Foods can produce more catfood only by producing loss dog food OC. there is no tradeoff between dog food and catfood OD. Some resources are unused or misallocated PPF in 8 12 Step by Step Solution
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