Trur/False
1- Money is scarce, but resources are not. ( )
2- Frontier Curve slop equal opportunity cost.( )
3- Change supply: Shift of the point to anther on the same of demand curve. ( )
4- Resources called inputs or factors of production. ( )
5- The quantity demand is the number of units that sellers wants to sell over a specified period
of time. ( )
6- Frontier Curve represents the possibility goods in efficient way.( )
7- Any point on the PPF is efficient ( )
8-- Demand Refers to how much quantity of good or service is desired by buyers.( )
9- Consumption good is an item that is used to produce other goods and services.( )
10- circular flow of money, goods, factors of production show how the national economy
work. ( )