A Country's Production Possibilities Boundary Shows That

question 96

Multiple Choice

A country's production possibilities boundary shows that

• A)when a society combines its resources efficiently,it cannot produce more of one good without producing less of the other good.
• B)when a society combines its resources inefficiently,it cannot produce more of one good without producing less of the other good.
• C)when a society combines its resources efficiently,it is always possible to produce more of all goods.
• D)all points inside the boundary are preferred to all points on the boundary.
• E)the supply for goods always exceeds the demand.

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