A Country's Production Possibilities Boundary Shows That

question 67

Multiple Choice

A country's production possibilities boundary shows that

• A)when a society combines its resources efficiently, it cannot produce more of one good without producing less of the other good.
• B)the supply for goods always exceeds the demand.
• C)when a society combines its resources inefficiently, it cannot produce more of one good without producing less of the other good.
• D)when a society combines its resources efficiently, it is always possible to produce more of all goods.
• E)all points inside the boundary are preferred to all points on the boundary.

---

Definitions:

Income Statement

A financial statement that shows the company's revenues and expenses over a specific period, leading to its net income or loss.

Net Profit Margin Percentage

A financial metric indicating the percentage of revenue that remains as net income after all expenses are deducted.

Income Statement

A financial document that shows a company's income, expenses, and net profit over a specified period.

Dividend Payout Ratio

The percentage of earnings paid to shareholders in dividends, indicating how much money a company returns to shareholders versus reinvesting in itself.