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The production possibilities curve shows that: a.some of one good must be given up to get more of another good in an economy that is
The production possibilities curve shows that:
a.some of one good must be given up to get more of another good in an economy that is operating efficiently.
b.scarcity can be eliminated.
c.an economy that is operating efficiently can have more of one good without giving up some of another good.
d.no output combination is impossible
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