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(The Following Economy Produces Two Products

Question 45

Multiple Choice

(The following economy produces two products.) Production Possibilities Table
(The following economy produces two products.) Production Possibilities Table Refer to the above table.A change from possibility C to B means that: A) 1 unit of steel is given up to get 75 units of wheat. B) 2 units of steel are given up to get 75 units of wheat. C) 1 unit of steel is given up to get 15 more units of wheat. D) 2 units of steel are given up to get 15 more units of wheat. Refer to the above table.A change from possibility C to B means that:


A) 1 unit of steel is given up to get 75 units of wheat.
B) 2 units of steel are given up to get 75 units of wheat.
C) 1 unit of steel is given up to get 15 more units of wheat.
D) 2 units of steel are given up to get 15 more units of wheat.

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