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Which of the following is NOT shown on a production possibilities curve? A. all of the goods and services an economy has the ability to produce B. the efficiency of an economy C. whether an economy has grown or shrunk D. the opportunity cost of a decision to produce more of one good or service
Weegy: A. All of the goods and services an economy has the ability to produce is NOT shown on a production possibilities curve. (More)
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Asked 234 days ago|9/2/2013 12:46:26 PM
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As displayed on a production possibilities curve, what will an increase in technology allow a society to do? a. Produce more, as long as the resources are also available. c. It will not affect society s production. b. Produce less, because more resources are spent on developing technology. d. The society will spend more on the same level of production.
Weegy: As displayed on a production possibilities curve, an increase in technology will allow a society to: Produce more, as long as the resources are also available. (More)
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Asked 231 days ago|9/5/2013 5:42:24 PM
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