A Point Lying Inside the Production Possibilities Boundary Is One

question 99

Multiple Choice

A point lying inside the production possibilities boundary is one at which

• A)there is no scarcity.
• B)the opportunity cost of producing more output is negative.
• C)it is not possible to produce more output with existing resources.
• D)the economy has run out of resources.
• E)more output could be produced with existing resources.

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Definitions:

Cared

The state of being shown concern or consideration by others, typically in a compassionate or attentive manner.

Ghost

An apparition of a dead person that is believed to appear or become manifest to the living, typically as a nebulous image.

Summarization Response

The process of concisely reviewing and restating the main points or outcomes of a discussion or therapeutic session to ensure understanding and alignment.

Primary Ideas

Fundamental or core concepts that form the basis of a theory, argument, or process.