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Figure 11-2 ​

question 7

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Figure 11-2
Figure 11-2 ​   -The graphical device that illustrates the concept of scarce resources being efficiently utilized in the economy is a(n)  A) budget line. B) indifference curve. C) production possibilities frontier. D) marginal cost curve.
-The graphical device that illustrates the concept of scarce resources being efficiently utilized in the economy is a(n)


Definitions:

Carbohydrates

Organic compounds, including sugars, starches, and cellulose, which are a major source of energy for the body.

Basal Metabolic Rate

The amount of energy per unit time that a person needs to maintain the functioning of their body at rest.

Set Point

A theory suggesting that an individual's body weight is maintained around a biologically predetermined point.

Set Point

A theory suggesting that an individual's body weight is regulated at a predetermined, or preferred, level by a feedback control mechanism.

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