जॉइन Examsbookउत्तर : 1. "if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced."
The production possibilities curve illustrates the basic principle that5
प्र: The production possibilities curve illustrates the basic principle that
- 1if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.true
- 2the production of more of any one good will in time require smaller and smaller sacrifices of other goods.false
- 3an economy will automatically obtain full employment of its resources.false
- 4an economy's capacity to produce increases in proportion to its population size.false
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उत्तर : 1. "if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced."
व्याख्या :
Answer: A) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced. Explanation: A graph that describes the maximum amount of one good that can be produced for every possible level of production of the other good is nothing but a production possibilities curve.