Which of the Following Statements Is True

question 13

Multiple Choice

Which of the following statements is true?

• A) In a world of efficiently used scarce resources,more of one good necessarily means less of some other good.
• B) The law of increasing opportunity costs assumes that all people have the same ability to produce goods.
• C) Efficiency implies that it is impossible to get more of one good without getting less of another.
• D) Even if a country has unemployed resources,it can still be operating on its production possibilities frontier (PPF).
• E) a and c

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Definitions:

Aida Model

A marketing model that outlines the process of attracting attention, generating interest, creating desire, and prompting action in consumers.

Communication Media

Various mediums and channels used for transmitting information between individuals or groups, including digital, print, and interpersonal platforms.

Pharmaceutical Companies

Firms engaged in the research, development, production, and marketing of drugs and medications.

Traditional Media

Media channels that predate the internet, including broadcast television, radio, newspapers, and magazines, used for mass marketing and information dissemination.