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A production possibilities frontier represents the different choices or trade-offs a society faces. true or false
False. The production possibilities frontier represents the maximum output of two products.
Expert answered|debnjerry|Points 47613|
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Asked 6/7/2013 6:20:32 AM
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Stores running out of a certain toy in the month of December is an example of: a. scarcity c. human capital b. physical capital d. shortage
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Updated 37 days ago|4/16/2016 11:21:38 PM
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Stores running out of a certain toy in the month of December is an example of: SHORTAGE.
Added 37 days ago|4/16/2016 11:21:38 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [4/16/2016 11:23:40 PM]
True or False Education is considered an investment in human capital because it increases a workers knowledge of their field.
Weegy: true, because every human being has it's own field of expertise, and education is the first step for you to succeed in your work someday. (More)
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Asked 6/7/2013 6:47:44 AM
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Economists state that every decision involves trade-offs. Economists measure and define these trade-offs as: a. productions possibilities curve. c. circular flow of economic activity. b. paradox of value. d. opportunity costs.
Weegy: Economists state that every decision involves trade-offs. Economists measure and define these trade-offs as: opportunity costs. (More)
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Updated 11/27/2014 8:16:12 AM
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