Figure 2-2 
Consider the production possibilities curve for a country that can produce cars,corn (in bushels) ,or a combination of the two.
-Refer to Figure 2-2.Which combination of points show production possibilities only achievable with improvements in technology or increases in resources?
Definitions:
Mortgage Rate
The interest rate charged by a lender for a loan used to purchase a property.
Average Cost
The total cost of production divided by the number of units produced, representing the cost per unit.
Shares
Units of ownership in a company or financial asset, giving shareholders a portion of the company's profits and voting rights.
PST
Depending on the context, this could stand for Pacific Standard Time, which is the time zone observed on the west coast of the United States, or Provincial Sales Tax, a tax imposed by some Canadian provinces.
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