Points that lie below the production possibilities curve are inefficient because: A.more of one good could be produced without producing less of the other. B.producers face scarcity. C.producing more of one good means producing less of the other. D.too many goods are being produc … 阅读详情>> "Points that lie below the production possibilities curve are inefficient because:"

Refer to the figure below. Growing 1,000 bushels of wheat and no bushels of corn each year is: A.efficient and attainable. B.efficient but unattainable. C.inefficient and unattainable. D.inefficient but attainable. 正确答案：efficient and attainable.

Refer to the figure below. It is efficient for this farmer to: A.grow 500 bushels of wheat and 250 bushels of corn. B.grow 500 bushels of wheat and 500 bushels of corn. C.grow 1000 bushels of wheat and 500 bushels of corn. D.grow 250 bushels of wheat and 500 bushels of corn. 正确答案 … 阅读详情>> "Refer to the figure below. It is efficient for this farmer to:"

Refer to the figure below. The opportunity cost of producing one bushel of corn is: A.250 bushels of wheat. B.500 bushels of wheat. C.2 bushels of wheat. D.? of a bushel of wheat. 正确答案：2 bushels of wheat.

Refer to the figure below. The opportunity cost of producing one bushel of wheat is: A.2 bushels of corn. B.500 bushels of corn. C.1,000 bushels of corn. D.? of a bushel of corn. 正确答案：? of a bushel of corn.

If a given production combination is known to be attainable, then it: A.must be on the production possibilities curve. B.must be an efficient point. C.could be either an inefficient or efficient point. D.must be an inefficient point. 正确答案：could be either an inefficient or efficie … 阅读详情>> "If a given production combination is known to be attainable, then it:"

If a given production combination is efficient, then it must be: A.on the production possibilities curve. B.above the production possibilities curve. C.either an attainable or unattainable point. D.below the production possibilities curve. 正确答案：on the production possibilities cur … 阅读详情>> "If a given production combination is efficient, then it must be:"

Working efficiently, Jordan can write 3 essays and outline 4 chapters each week. It must be true that: A.2 essays and 3 chapter outlines would be efficient. B.3 essays and 5 chapter outlines would be unattainable. C.4 essays and 3 chapter outlines would be both attainable and eff … 阅读详情>> "Working efficiently, Jordan can write 3 essays and outline 4 chapters each week. It must be true that:"

Assume point A on a linear production possibilities curve represents the combination of 12 coffees and 3 cappuccinos, and point B represents 3 coffees and 6 cappuccinos. Suppose coffees are on the vertical axis and cappuccinos are on the horizontal axis. The absolute value of the … 阅读详情>> "Assume point A on a linear production possibilities curve represents the combination of 12 coffees and 3 cappuccinos, and point B represents 3 coffees and 6 cappuccinos. Suppose coffees are on the vertical axis and cappuccinos are on the horizontal axis."

Assume point A on a linear production possibilities curve represents the combination of 12 coffees and 3 cappuccinos, and point B represents 3 coffees and 6 cappuccinos. Suppose coffees are on the vertical axis and cappuccinos are on the horizontal axis. The opportunity cost of a … 阅读详情>> "Assume point A on a linear production possibilities curve represents the combination of 12 coffees and 3 cappuccinos, and point B represents 3 coffees and 6 cappuccinos. Suppose coffees are on the vertical axis and cappuccinos are on the horizontal axis."

Generally, on a linear two-good production possibilities curve, the opportunity cost of the good measured on the vertical axis is: A.the negative of the opportunity cost of the good measured on the horizontal axis. B.one minus the opportunity cost of the good measured on the hori … 阅读详情>> "Generally, on a linear two-good production possibilities curve, the opportunity cost of the good measured on the vertical axis is:"

If a linear, two-good production possibilities curve has a slope of ?2, then: A.you have an absolute advantage in the good measured on the vertical axis. B.you have a comparative advantage in the good measured on the vertical axis. C.having an additional unit of the good measured … 阅读详情>> "If a linear, two-good production possibilities curve has a slope of ?2, then:"