Limited access

Upgrade to access all content for this subject

If a certain combination of goods or services lies inside the production possibilities curve of an economy, which of the following is true?

A

New resources have shifted the long-run aggregate supply curve to the right.

B

New technology is being used in production.

C

Resources are not available to achieve that combination of goods and services.

D

Resources are not being used efficiently to achieve that combination of goods or services.

E

New resources have shifted the production possibilities curve to the right.

Select an assignment template