Which of the Following Is NOT True Concerning a Societyʹs

question 226

Multiple Choice

Which of the following is NOT true concerning a societyʹs production possibilities frontier PPF) ?

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

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