3. Is a point inside the production possibilities frontier efficient and feasible? a. efficient but not feasible

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3. Is a point inside the production possibilities frontier efficient and feasible?

a. efficient but not feasible

b. feasible but not efficient

c. both efficient and feasible

d. neither efficient nor feasible

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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