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Refer to Exhibit 2-5. Given available resources and technology, this economy can produce 50,000 television sets and 50,000 fax machines only if it chooses to
Refer to Exhibit 2-5. Given available resources and technology, this economy can produce 50,000 television sets and 50,000 fax machines only if it chooses to
a. | have an egalitarian (fair or equal) distribution of goods. | |
b. | operate at both points C and D. | |
c. | combine points C and D. | |
d. | none of the above |
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