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Figure 2-10 -Refer to Figure 2-10,Panel (A)and Panel (B).Which of the Following

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Figure 2-10
Figure 2-10   -Refer to Figure 2-10,Panel (a) and Panel (b) .Which of the following is not a result of the shift of the economy's production possibilities frontier from Panel (a) to Panel (b) ? A) The tradeoff between the production of tractors and sofas changes. B) Production of 2 tractors and 10 sofas becomes efficient. C) Production of 6 tractors and 14 sofas becomes possible. D) The opportunity cost of a sofa is higher at all levels of sofa production.
-Refer to Figure 2-10,Panel (a) and Panel (b) .Which of the following is not a result of the shift of the economy's production possibilities frontier from Panel (a) to Panel (b) ?


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Plans or methods developed to achieve a specific goal or to solve a problem.

Business Meetings

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