True or false economics question?
a. Mass unemployment of resources means a country will operate inside its production-possibility frontier.
b. If two goods use the same resources and the same technology, the production possibilities curve between the two goods will have a positive slope.
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Answers & Comments
Verified answer
a. true,it is called inefficiency.
b. false, it will be negative because it has opportunity cost.To produce one good more, must give up the other good.
true
false (negative slope)