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FIGURE 2-1 40 - B of C Cupcakes 24 20 D 12 - production possibilities curve E 0 45 10 Cakes Refer to Figure 2-1.
FIGURE 2-1 40 - B of C Cupcakes 24 20 D 12 - production possibilities curve E 0 45 10 Cakes Refer to Figure 2-1. Which of the following statements best describes a movement from Point C to Point D? a. Unemployment increases. b. Inputs are reallocated without affecting overall levels of production. c. The sacrifice of four cupcakes is required to obtain one cake. d. The sacrifice of one cake is required to obtain four cupcakes. Next pa Previous page 17:24
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