Here is a production possibilities frontier for a camper who must choose between spending time collecting wood or collecting wor
ms for fishing.
Which point represents an impossible outcome?
C
A
B
D
Which point represents specialization?
C
B
D
A
Which point represents an inefficient use of resources?
A
B
D
C
Describe what would need to happen for the camper to exceed the production possibilities frontier.
Which point represents an impossible outcome?
C
A
B
D
Which point represents specialization?
C
B
D
A
Which point represents an inefficient use of resources?
A
B
D
C
Describe what would need to happen for the camper to exceed the production possibilities frontier.
1 answer:
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