A: is unattainable
B: is associated with unused resources
C: is attainable only if prices fall.
D: is attainable only if prices rise
举一反三
- Production efficiency occurs when production ( ). A: is at a point beyond the production possibilities frontie B: is on the production possibilities frontier or inside it C: is at any attainable point D: is on the production possibilities frontie
- Production points inside the production possibilities frontie A: are unattainable. B: are attainable only with the full utilization of all resources. C: are associated with unused or misallocated resources. D: esult in more rapid growth.
- On a production possibilities frontier, production is efficient if the production point is
- The decrease in world food prices was a result of ______. A: the over production on the part of the main food-exporting countries B: a sharp fall in the purchasing power of the consumers C: a sharp rise in the prices of home-produced food D: a sharp fall in the cost of food production
- Refer to the production possibilities frontier in the figure above. Production point ________ represents an ________ production point. A: b; unattainable. B: c; unattainable. C: e; inefficient. D: c; inefficient.
内容
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中国大学MOOC: Suppose there are only two people in the world. Each person’s production possibilities frontier also represents his or her consumption possibilities when
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A rise in the price of imports or a fall in the price of exports will A: improve the terms of trade B: worsen the terms of trade C: Expand the production possibilities curve D: Contract the production possibilities curve
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France produces wine and tractors. If, given the same resources, France can increase production of wine and tractors, at the same time, then France A: is producing outside his Production Possibility Frontier B: is has achieved technological advancement in the production of kola and cashew nuts C: is producing on its Production Possibility Frontier D: is producing inside its Production Possibility Frontier
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Which of the following explains why supply curves slope upward? A: prices and income B: increasing marginal cost C: resources and technology D: substitutes in production and complements in production
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Suppose there are only two people in the world. Each person’s production possibilities frontier also represents his or her consumption possibilities when A: neither person faces trade-offs. B: the frontiers are straight lines. C: the frontiers are bowed out. D: they choose not to trade with one another.