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Question is based on the diagram below: Diagram A Diagram B Diagram C Luxury Goods Luxury Goods Luxury Goods A A F H Merit Goods

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Question is based on the diagram below: Diagram A Diagram B Diagram C Luxury Goods Luxury Goods Luxury Goods A A F H Merit Goods Merit Goods Merit Goods The production possibility frontier that is swiveling outwards from the Y axis is indicated by: O a. Diagram A O b. Diagram C O c. Diagram B O d. Diagram B and Diagram C

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