Question
Production is efficient if the economy is producing at a point 1. outside the production possibilities frontier. 2. on the production possibilities frontier. 3. on
Production is efficient if the economy is producing at a point
1. outside the production possibilities frontier.
2. on the production possibilities frontier.
3. on or inside the production possibilities frontier.
4. inside the production possibilities frontier.
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
