If a country is producing efficiently it will produce its, Ask an Expert

Economics

If a country is producing efficiently, it will produce __________ its production possibilities curve. If a country is producing inefficiently, it will produce ___________ its production possibilities curve.

above; on

above; below

below; on

below; above

on; below

on; above

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91669645

Have any Question?Write your Review or question?

Related Questions in Business Economics

Why does a government undertakes expansionary fiscal

Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?

Why randomized control trial rct generates a strong

Why randomized control trial (RCT) generates a strong internal validity?

Does importation of foreign prescription drugs make sense

Does importation of foreign prescription drugs make sense and should it be allowed? For what reason should the importation of prescription drugs be denied? Are the pros and cons connected, what is better for the public?

You work for a large company with tens of thousands of

You work for a large company with tens of thousands of retail outlets throughout the world. The average sales at each retail outlet is $2,400,000 per year, with a standard deviation of $600,000. You want to put in place ...

What effect does the teacher have on creating a learning

What effect does the teacher have on creating a learning environment with little to no behavior problems?

Suppose oregon proposes indexing the minimum wage to

Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy? (In your response, assume that the minimum wage is an effective price floor and ...

Smithco is a supplier to many brand name makers of mobile

SmithCo is a supplier to many brand name makers of mobile phones. SmithCo manufactures the external shells that enclose mobile phones. The strength of a shell is measured by applying increasing pressure to the shell and ...

In 2016 there were approximately 1592 million people in the

In 2016, there were approximately 159.2 million people in the labor force and the unemployment rate was 4.9 percent. If the unemployment rate had been 4.5 percent instead of 4.9 percent, Instructions: Enter your respons ...

The below figure represents the potential outcomes of your

The below figure represents the potential outcomes of your first salary negotiation after graduation. Assuming this is a sequential-move game with the employer moving first, indicate the most likely outcome. Does the abi ...

A farm has two types of trees 30 are orange trees o and 70

A farm has two types of trees: 30% are orange trees (O) and 70% are apple trees (A). Frost (F) has damaged 40% of the orange trees (F|O)=0.4 and 10% of apple trees. What is the probability that a randomly selected tree w ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert