Production points inside the production possibilities frontier

A) are unattainable.
B) are attainable only with the full utilization of all resources.
C) are associated with unused or misallocated resources.
D) result in more rapid growth.

C

Economics

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The curve in the above figure shows alternative combinations of gasoline and coffee that Sam likes equally well. This curve is called

A) a budget line. B) a demand curve. C) a consumption curve. D) an indifference curve.

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Mandating clean technology, cap-and-trade, and taxes are tools that government can use to limit pollution

Indicate whether the statement is true or false

Economics