On a Production Possibilities Curve,the Optimal or Best Combination of Output

question 49

Multiple Choice

On a production possibilities curve,the optimal or best combination of output for any society:

• A) is at a point near the top of the curve.
• B) is at the precise midpoint of the curve.
• C) is at a point near the bottom of the curve.
• D) depends upon the preferences of society.

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Definitions:

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