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Paladinen [302]
3 years ago
10

Suppose the economy goes from a point on its production possibilities frontier (PPF) to a point below that PPF. Assuming that th

e PPF has not shifted, this could be due to Question 14 options: a gain of resources. a loss of resources. technological improvement in the production of both goods. a new law that interferes with economic efficiency.
Business
1 answer:
qaws [65]3 years ago
3 0

Answer:

The correct answer is: a new law that interferes with economic efficiency.

Explanation:

A production possibilities frontier shows all the points where production is efficient. The resources are being completely employed. The points above the frontier are unattainable. The points below the frontier are attainable but inefficient.

If there is a movement from the frontier to a point below it. This means inefficient allocation of resources. It can happen because of some law interfering in efficient allocation of resources.

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You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year
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3 years ago
Type the correct answer in the box. Spell all words correctly. What are the handheld devices that serve as personal information
asambeis [7]

Answer: Personal Digital Assistants

Explanation:

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4 0
3 years ago
Bull'sEye sells gift cards redeemable for Bull'sEye products either in-store or online. During 2016, Bull'sEye sold $2,000,000 o
alekssr [168]

Answer:

b) $1,950,000

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4 0
3 years ago
A customer paid $250 using a check for purchases made in the first week of January. The bank statement received at the end of th
vodka [1.7K]

Answer:

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3 years ago
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