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Figure 2-4 Figure 2-4 Shows Various Points on Three

Question 369

Multiple Choice

Figure 2-4 Figure 2-4   Figure 2-4 shows various points on three different production possibilities frontiers for a nation. -Refer to Figure 2-4. Consider the following events: a.	an increase in the patent protection period to 30 years b.	an increase of a nation's capital stock c.	an improved property rights system  Which of the events listed above could cause a movement from V to W? A)  a only B)  a and b only C)  a and c only D)  b and c only E)  a, b, and c Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4. Consider the following events:
a. an increase in the patent protection period to 30 years
b. an increase of a nation's capital stock
c. an improved property rights system

Which of the events listed above could cause a movement from V to W?


A) a only
B) a and b only
C) a and c only
D) b and c only
E) a, b, and c

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