Econ (56).pdf - automobiles imore iefficient ia iproducer...

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i automobiles i more i efficient, i a i producer i of i automobiles i and i other i goods i will i move i from i a i point i on i its i PPC i to i a i point i outside i its i PPC, i but i a i shift i of i the i PPC i will i not i occur. a. i True *b. i False 256. i Chapter i 2 Choice, i Opportunity i Costs, i and i Specialization i Quest113 i Economic i growth i is i represented i by i shifting i PCC i outward. *a. i True b. i False 257. i Chapter i 2 Choice, i Opportunity i Costs, i and i Specialization i Quest114 i The i concepts i of i scarcity i and i law i of i increasing i cost i can i not i be i derived i from i PCC. a. i True *b. i False 258. i Chapter i 2 Choice, i Opportunity i Costs, i and i Specialization i Quest115 i The i PPC i does i not i indicate i while i producing i more i of i one i good i it's i not i necessary i to i produce i less i of i another i good. a. i True *b. i False 259. i Chapter i 2 Choice, i Opportunity i Costs, i and i Specialization i Quest116 i A i specialist i is i a i person i who i is i capable i of i doing i only i one i thing. a. i True *b. i False 260. i Chapter i 2 Choice, i Opportunity i Costs, i and i Specialization i Quest117

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