Solved

A Country Currently Is Using All Its Land to Produce

Question 53

Multiple Choice

A country currently is using all its land to produce wheat and grapes.However,the land most suited to growing grapes is being used to produce wheat,and the land most suited to growing wheat is being used to produce grapes.This is an example of


A) increasing opportunity costs
B) involuntary unemployment
C) productive inefficiency
D) central planning
E) communal ownership

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents