As technology advances,
A) all opportunity costs decrease.
B) the PPF shifts outward.
C) a country moves toward the midpoint along its PPF and can produce more of both goods.
D) all opportunity costs increase.
E) the PPF shifts inward because unemployment occurs.
B
Economics
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Many external costs occur because
a. people do not pay the true cost of using a resource. b. people do not pay the private cost of using a resource. c. companies do not pay the market price for natural resources. d. companies pay more than the true cost of using a resource.
Economics
Creative destruction is least beneficial to:
A. workers in the "destroyed" industries. B. workers in the "created" industries. C. consumers. D. society as a whole.
Economics