SLORKS SLORKS BAC Answered 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. ( )