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Based on the PPF below, what can we say about the economy at point F? Production Possibilities Frontier with the following output combinations: On the
Based on the PPF below, what can we say about the economy at point F? Production Possibilities Frontier with the following output combinations: On the PPF A( 0 sweaters, 525 hard drives) C (15,000 sweaters, 500 hard drives) F (35,000 sweaters, 350 hard drives) G ( 45,000 sweaters, 200 hard drives) Inside the PPF B (10,000 sweaters, 300 hard drives) H (25,000 sweaters, 275 hard drives) Outside the PPF D ( 25,000 sweaters, 600 hard drives) E (39,000 sweaters, 525 hard drives) Question 10 options: Point F is productively efficient and allocatively efficient. Point F is allocatively efficient, but not productively efficient. Point F is productively efficient, but we cannot determine if it is allocatively efficient. Point F is neither productively efficient nor allocatively efficient
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