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Consider the Production Possibilities Frontier (PPF) Shown in the Figure

Question 58

Multiple Choice

Consider the production possibilities frontier (PPF) shown in the figure below to answer the next three questions.
Consider the production possibilities frontier (PPF)  shown in the figure below to answer the next three questions.    -Given current resources and technology,the attainable range is best described as: A)  only area O: points outside the PPF. B)  points on the PPF only. C)  only area I: points inside the PPF. D)  area I: points inside the PPF and points on the PPF. E)  Area O: points outside the PPF and points on the PPF.
-Given current resources and technology,the attainable range is best described as:


A) only area O: points outside the PPF.
B) points on the PPF only.
C) only area I: points inside the PPF.
D) area I: points inside the PPF and points on the PPF.
E) Area O: points outside the PPF and points on the PPF.

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