Question
Use the diagram below, which indicales maximum combinations of good X and good Y that can be produced with avalable resources, to answer the question.
Use the diagram below, which indicales maximum combinations of good X and good Y that can be produced with avalable resources, to answer the question. On production possibility curve AC...
CONd X
a)
output combinations D and E represent full and efficient use of resources, but A, C and F represent inefficient
resource use.
b) output combination D represents the most efficient use of resources. c)
output combinations A, D, E and C all represent full and efficient resource use.
d)
output combination A and C represents less efficient resource use than either D or
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