Question

Another question in regards to PPFs @jim_thompson5910 :(

When we look at the PPF graphs of different people for the same goods, we cannot...

A. determine who has an absolute advantage.
B. determine who has the comparative advantage.
C. determine who should specialize in which task in order to use resources most efficiently.
D. determine at what point on the graphs each should produce.
E. draw any conclusions.

In this case, would it be answer choice C? :/

Answer 1

didn't we just do this one?

Answer 2

no haha a similar one though!

Answer 3

no this is the same exact question

Answer 4

word for word

Answer 5

ohh haha oops!! i meant to type in this one :P

Economic growth means the PPF has shifted...

A. toward the origin.
B. toward the origin, and the economy can support more production.
C. away from the origin, and the economy can support more production.
D. away from the origin.
E. away from the origin, and the economy can support less production.

and i thought it was C?

haha too many PPF problems lol

Answer 6

@jim_thompson5910 :)

Answer 7

c is correct

Answer 8

going away from the origin means you can do more

Answer 9

ahh okay yay!! :D thanks so much @jim_thompson5910 !! :)