In a Production Possibilities Table,the Most-Valued or Optimal Point for Society

question 80

Multiple Choice

In a production possibilities table,the most-valued or optimal point for society is determined by:

• A) a combination of products at the midpoint of the table.
• B) a combination of products at the ends of the table.
• C) the equality of marginal benefits and marginal costs.
• D) the maximization of opportunity costs.

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Definitions:

Paint Method

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Data

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