If a nation's production possibilities curve shifts outward, we should expect its long-run aggregate supply curve to
A) have an upward movement along the curve.
B) have a downward movement along the curve.
C) have a rightward shift.
D) have a leftward shift.
C
Economics
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According to Garrett Hardin's view of The Tragedy of the Commons:
A. Externalities will be internalized by the market. B. Individuals will use the commons up to the point where marginal benefits equal marginal social costs. C. Individuals will create institutions to prevent the collapse of the commons. D. Individual will use the commons beyond the socially efficient point.
Economics
If labor is fixed at 5 units, how much does the second unit of capital add to total output? 
Amount of total output produced from various combinations of labor and capital.
A. 490 B. 390 C. 100 D. 50 E. none of the above
Economics