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The figure shows the production possibilities frontier for Cat food (cans per month) Felicia's Fine Foods, a petfood producer. 100 Draw a point at which

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The figure shows the production possibilities frontier for Cat food (cans per month) Felicia's Fine Foods, a petfood producer. 100 Draw a point at which the firm achieves production efficiency. Label it 90 Efficient. 80- Draw a point that is attainable but inefficient. Label it Inefficient 70- 60- What does it mean to say that production is inefficient? 40 When production is inefficient, 30 O A. the firm can produce more cat foodwithout 20 producinglessdog food 10- PRE O- C. /the firm can produce more cat foodonly by producing 0 2 10 12 Dog food (cans per month) less dog food (12,51.4) OD. there is a tradeoff betweendog food and cat food >>> Draw only the objects specified in the

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