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3. Efficiency in the production possibilities model 10:37 LTE 4 22% 3. Efficiency in the production possibilities model Suppose Economy produces only two goods: corn

3. Efficiency in the production possibilities model

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10:37 LTE 4 22% 3. Efficiency in the production possibilities model Suppose Economy produces only two goods: corn and computers. The following graph shows current production possibilities frontier (also known as the production possibilities labeled A to F. curve), along with six output combinations represented by black points (+ symbols) 100 COMPUTERS (Millions) E PP 40 20 20 40 80 100 CORN (Millions of bushels) Check all that apply. Point Productive Inefficient Productive Efficient Attainable Unattainable A O O O C B O O O O C O O O O D O O O O E O 0 O O F O O O O <

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