Any Point Inside the Production Possibilities Curve Indicates

question 295

Multiple Choice

Any point inside the production possibilities curve indicates

• A) the presence of technological change.
• B) that resources are imperfectly substitutable among alternative uses.
• C) the presence of inflationary pressures.
• D) that more output could be produced with the available resources.

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Definitions:

Inclusive Cultures

An organizational environment that values diversity and integrates practices that respect and accommodate differences among its members.

Creative Potential

The capacity of an individual or organization to generate original and useful ideas or solutions.

Economic Growth

The increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

Disabled Workers

Individuals with disabilities who are part of the workforce; their employment is protected and supported by various laws and policies.