Homework answers / question archive /  The production possibilities schedule shown below: Combination ? B SUA 14 Scarves 80 60 40 20 0 0 20 40 60 80 Implies that this economy is not using its available resources efficiently Correct Answer results in a straight-line PPF and illustrates constant opportunity cost

 The production possibilities schedule shown below: Combination ? B SUA 14 Scarves 80 60 40 20 0 0 20 40 60 80 Implies that this economy is not using its available resources efficiently Correct Answer results in a straight-line PPF and illustrates constant opportunity cost

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 The production possibilities schedule shown below: Combination ? B SUA 14 Scarves 80 60 40 20 0 0 20 40 60 80 Implies that this economy is not using its available resources efficiently Correct Answer results in a straight-line PPF and illustrates constant opportunity cost. indicates that resources are better suited to the production of scarves. You Answered reflects the law of increasing opportunity costs
Question 5 0/5 pts Which of the following is an example of capital as a factor of production? A microwave oven used by a student to warm her dinner You Answered Shares of stock in a corporation Correct Answer Cash registers used by cashiers at Kroger Camera equipment used by a family on vacation
0/5 pts Question 1 Market economies are characterized by all of the following except: Correct Answer government ownership of capital. decentralized decision-making. You Answered incentives for exchange. a profit motive for entrepreneurs