The Point on the Production Possibilities Curve That Is Most

question 159

Multiple Choice

The point on the production possibilities curve that is most desirable can be found by

• A) estimating the marginal costs of both products in real or physical terms.
• B) comparing marginal benefits and marginal costs.
• C) determining where least-cost production occurs.
• D) calculating where economic growth will be greatest.

---

Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Punch Recipe

A set of instructions for making a large, usually sweet and fruity drink intended to serve multiple people.

Ginger Ale

A carbonated soft drink flavored with ginger, often used as a mixer in cocktails or consumed on its own for its taste and digestive benefits.

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second or vice versa.