If an Economy Is Operating Inside Its Production Possibilities Curve

question 64

Multiple Choice

If an economy is operating inside its production possibilities curve for tanks and bread:

• A)​scarcity does not exist.
• B)​all resources are being used efficiently.
• C)​production of bread can only increase by sacrificing the production of tanks.
• D)​production of bread and tanks can both increase.

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Definitions:

Ethyl Magnesium Chloride

A Grignard reagent represented as CH3CH2MgCl, utilized in organic synthesis to form carbon-carbon bonds.

Pent-1-yne

An alkyne with the chemical formula C5H8, characterized by a triple bond between the first and second carbon atoms in the five-carbon chain.

Transformation

A thorough or dramatic change in form or appearance, often used in the context of chemical reactions.

Reagents

Chemical substances used in reactions to cause a transformation or detect the presence of another substance.