Which of the Following Is an Incorrect Statement

question 159

Multiple Choice

Which of the following is an incorrect statement?

• A)​An economy with many unemployed workers and idle factories is not operating efficiently.
• B)​Idle factories represent unemployed capital resources.
• C)​A large amount of unemployed resources will shift the production possibilities curve outward.
• D)​Idle farms represent unemployed land resources.

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Definitions:

Public Interest

The welfare or well-being of the general public, often considered in legislation, government actions, and legal decisions.

Prospective Competitive Advantage

The potential for a firm to achieve a future position where it outperforms rivals in efficiency, quality, innovation, or customer service.

Trade Dress Infringement

A legal violation that occurs when one company's product design or packaging is so similar to another's that it could confuse consumers.

False Advertising Claims

Legal accusations that involve the dissemination of misleading, deceptive, or false statements in advertising to promote the sale of goods or services.