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Question 24 (5 points) Revisit the Production Possibilities Frontier displayed in Exhibit 2-3. Exhibit 2-3, Production Possibilities Frontier Good B g e h D f

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Question 24 (5 points) Revisit the Production Possibilities Frontier displayed in Exhibit 2-3. Exhibit 2-3, Production Possibilities Frontier Good B g e h D f . Good A Assume the economy is producing at point h. Is the economy displaying productive efficiency? Explain your answer. Is the economy displaying allocationficiency? Explain your answer. If you don't have enough information to answer these questions, specifically what information would you need

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