If a nation is initially on its production possibilities curve, then it can increase its production of one good only by:
A. Decreasing the production of the other good
B. Increasing the production of the other good
C. Holding constant the production of the other good
D. Decreasing the price of the other good
Answer: A
Economics
You might also like to view...
What is the difference between defensive and dynamic open market operations?
What will be an ideal response?
Economics
Food and drug labeling is a low-cost way to inform consumers about the contents of foods and the dangers of drugs
Indicate whether the statement is true or false
Economics