Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
|
eco 365 final exams |
http://finalexamsolution.com/product/eco-365-final-exam-2015/ |
|
|
Because you can only obtain more of one good by giving up some of another good, the shape of a production possibility curve is _______________. |
downward-slopingperfectly verticalperfectly horizontalupward-sloping |
|
|
A resource is said to have a comparative advantage if |
it is equally suited to the production of all goods.its suitability to the production of one good changes as it produces more of that good.its suitability to the production of one good does not change as it produces more of that good.it is better suited to the production of one good than to the production of an alternative good. |
