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A situation in which resources are either wasted or misallocated or both is illustrated by Question 9 options: any point on either the horizontal or
A situation in which resources are either wasted or misallocated or both is illustrated by Question 9 options: any point on either the horizontal or the vertical axis a point inside the production possibilities frontier a point above or to the right of the production possibilities frontier
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International Economics
Authors: Dennis Appleyard, Alfred Field
8th Edition
978-0078021671, 0078021677
