If an Economy Is Fully Utilizing Its Resources, It Can

question 83

Multiple Choice

If an economy is fully utilizing its resources, it can produce more of one product only if it:

• A) adds more people to the labor force.
• B) doubles manufacturing of the product.
• C) produces less of another product.
• D) reduces the prices of the most expensive products.

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Definitions:

Lexical Analysis

The process of converting a sequence of characters into a sequence of tokens, often a preliminary step in the compilation or interpretation of programming languages.

Transformation

A thorough or dramatic change in form, appearance, or character.

Arrangement

The act or process of organizing or ordering items, substances, or elements according to a specific pattern or sequence.

Functional Fixedness

A cognitive bias that limits a person’s ability to use an object only in the way it is traditionally used.