econ midterm

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

which situation would most likely shift the production possibilities curve for a nation in an outward direction?

an increase in the supply of resources

when an economy is at full employment and full production more of any one product

can be produced if only there is less production of some other products

according to the Zuckerberg, Seacrest, and and swift illustration

opportunity costs vary greatly between individual decision making


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