If All Resources Are Used Efficiently to Produce Goods and Services

question 127

Multiple Choice

If all resources are used efficiently to produce goods and services, a nation will find itself producing

• A)inside its production possibilities frontier
• B)somewhere on its production possibilities frontier
• C)outside of its production possibilities frontier
• D)at one extreme end of its production possibilities frontier
• E)more of one product with no decrease in the production of any other product

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Definitions:

Polymer

A large molecule or macromolecule composed of many repeated subunits.

Major Organic Product

The primary product of a chemical reaction that is formed in the largest quantity compared to other products.

Reaction

The process through which one or more substances are changed into one or more different substances through the rearrangement, removal, replacement, or addition of atoms.

Major Organic Product

The primary chemical compound formed in the highest yield during an organic reaction.