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14 October, 05:35

A production possibilities curve represents

A. all possible combinations of output that could be produced at zero opportunity cost.

B. all possible combinations of output that could be produced assuming fixed productive resources and their efficient use.

C. all possible combinations of output that could be produced assuming changing technology.

D. the notion that greater quantities of all goods may be produced.

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Answers (1)
  1. 14 October, 06:04
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    A is the correct answer
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