Which of the Following Is NOT True Concerning a Society's

question 293

Multiple Choice

Which of the following is NOT true concerning a society's production possibilities frontier (PPF) ?

• A) It reveals the maximum amount of any two goods that can be produced from a given quantity of resources.
• B) Tradeoffs occur when moving along a PPF.
• C) Consumers will receive equal benefits from the two goods illustrated in the PPF.
• D) Production efficiency occurs when production is on the frontier itself.

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