An expansion of the production possibilities frontier is:
A) proof that scarcity is not a binding constraint.
B) a free gift of nature.
C) something that has occurred only rarely in history.
D) called economic growth.
Answer: D
An expansion of the production possibilities frontier is:
A) proof that scarcity is not a binding constraint.
B) a free gift of nature.
C) something that has occurred only rarely in history.
D) called economic growth.
Answer: D