Some Authors Claim That Any Point Not on the Frontier

question 45

Multiple Choice

Some authors claim that any point not on the frontier cannot be best.What is their reasoning to support this?

• A)A point inside the frontier implies that society is not facing up to the problem of scarcity.
• B)A point inside the frontier limits growth, and growth is always a goal worth pursuing.
• C)A point inside the frontier represents inflation, and inflation is a dangerous situation.
• D)A point inside the frontier results in fewer goods, and more is always better.
• E)A point inside the frontier is inefficient, and represents wasted resources.

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Definitions:

Consumer Goods

Items produced for personal or household use, typically not intended for resale or further production.

Commercial Losses

Financial losses experienced by a business entity due to various factors such as theft, damage, or unfavorable business conditions.

Prima Facie Unconscionable

A situation that appears unjust or extremely one-sided in favor of one party over another at first glance.

Remedies

Judicial methods used to uphold a right or address, remedy, or compensate for its infringement.