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Economists use graphs to analyze the choices and trade-offs that people make in a society. Please select the best answer from the choices provided T F
Economists use graphs to analyze the choices and trade-offs that people make in a society. This is TRUE.
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User: What does a country’s production possibilities curves depend on?

User: What affects does increased technology have on the production possibilities curve?

User: What is a production possibilities frontier?

User: An underutilization of a country’s resources means what?

User: If a country uses up a good portion of its available resources what happens to its production possibilities curve?

User: With respect to a graph of a production possibilities curve, what does it mean to be at a point inside the production possibilities frontier?

User: What does the law of increasing costs explain?

User: What is growth?

User: A point that lies outside a country’s production possibilities curve means what?

User: Economists use graphs to analyze the choices and trade-offs that people make in a society. Please select the best answer from the choices provided T F

Weegy: Economists use graphs to analyze the choices and trade-offs that people make in a society. This is TRUE.
Expert answered|andrewpallarca|Points 27855|



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Asked 276 days ago|11/27/2013 2:11:58 PM
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Which of the following statements is true about the graph of a production possibilities curve? a. The cost of producing watermelons and shoes is roughly even on the production possibilities frontier. b. It costs 2 million more tons of watermelons to produce 14 million tons of shoes. c. The cost of moving from producing no watermelons to producing 8 million tons of watermelons is 1 million pairs of shoes. d. One million tons of watermelons must be sacrificed to produce 8 ...
Weegy: a. The cost of producing watermelons and shoes is roughly even on the production possibilities frontier. User: A production possibilities frontier represents the different choices or trade-offs a society faces. Please select the best answer from the choices provided T F Weegy: This is TRUE. A production possibilities frontier represents the different choices or trade-offs a society faces. (More)
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Asked 276 days ago|11/27/2013 2:29:04 PM
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A country’s production possibilities increase because the available workers become more skilled at using a computer. This is an example of growth caused by a. global resources c. technology b. physical capital d. production opportunity User: A company that makes baseball caps is underutilizing its resources. What does this mean? a. The company is running more efficiently than its competitors. b. The company is paying its employees less than it should be. c. ...
Weegy: A company that makes baseball caps is underutilizing its resources. What does this mean? Answer: D. The company is producing fewer caps than it could be. [ ] User: A company that makes baseball caps is underutilizing its resources. What does this mean? a. The company is running more efficiently than its competitors. b. The company is paying its employees less than it should be. c. The company is making caps when it ... (More)
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Asked 276 days ago|11/27/2013 2:34:51 PM
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