On a production possibility curve, data points that fall outside of the curve represent

he government decides what is produced, along with how much is produced.

The government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas.

The government has no involvement or decision-making in what or how much is produced.

Question

20-07-2022
Business

contestada

On a production possibility curve, data points that fall outside of the curve represent

he government decides what is produced, along with how much is produced.

The government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas.

The government has no involvement or decision-making in what or how much is produced.

Respuesta :

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

According to the graph, if only one unit was produced, the cost per unit would be $1.00. In reality, the company would not call in its worker and start up the e

6.1.7 (Video Solution) An article in Human Factors (June 1989) presented data on visual accommodation (a function of eye movement) when recognizing a speckle pa

Consider the market for baseball caps. There are many producers in this market, and we assume that the technology of production is identical among these produce

There is only one possible path for each stage in the rock cycle. Please select the best answer from the choices provided OT OF

A 97-kg sprinter wishes to accelerate from rest to a speed of 11 m/s in a distance of 21 m. What coefficient of static friction is required between the sprinter

describe an acquired trait in people

The structures within all living cells that contain the genetic material are called

When they arrive at the store, Ling meets Aunt Wu. Who is Aunt Wu and what is her relationship with Ling’s Mother?

What can a protagonist's approach to conflict show about the cultural values behind a work of literature?

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply _____ music players and consumers demand _____ music players. 600, 0

ogorwyne ogorwyne · Answer 1 · 2022-07-21T18:37:24+02:00

Option C. On the production possibility curve the data that falls outside of the curve shows that The government has no involvement or decision-making in what or how much is produced.

What is the point outside the production possibility curve?

This is the point that is used to show the production that is unattainable by the government.

This point show that the the level of production is not one that is realistic. Hence it is impossible.