If Sam Is Producing at a Point on His Production

question 91

Multiple Choice

If Sam is producing at a point on his production possibilities frontier,then he

• A)cannot produce any more of either good.
• B)is unaffected by costs and technology.
• C)can produce more of both goods.
• D)is not subject to scarcity.
• E)can increase the production of one good only by decreasing the production of the other.

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Definitions:

Health Insurance

A type of insurance that covers whole or part of the risk of a person incurring medical expenses.