Any Point on a Country's Production Possibilities Frontier Represents a Combination

question 9

Multiple Choice

Any point on a country's production possibilities frontier represents a combination of two goods that an economy

• A)will never be able to produce.
• B)can produce using all available resources and technology.
• C)can produce using some portion,but not all,of its resources and technology.
• D)may be able to produce in the future with more resources and/or superior technology.

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Definitions:

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