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Economics Graphs: Production Possibility Frontier I
Question Group #1
Directions and/or Common Information:
On the Production Possibility Frontier graph,
point
Z represents
1.
equilibrium
disequilibrium
underutilization
efficiency
On the Production Possibility Frontier, points A represents
2.
The maximum production of both guns and bread
The production of all bread and no guns
The production of all guns and no bread
The production of no goods
M Medina
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