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A Country's Production Possibilities Boundary Shows That

Question 67

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A country's production possibilities boundary shows that


A) when a society combines its resources efficiently, it cannot produce more of one good without producing less of the other good.
B) the supply for goods always exceeds the demand.
C) when a society combines its resources inefficiently, it cannot produce more of one good without producing less of the other good.
D) when a society combines its resources efficiently, it is always possible to produce more of all goods.
E) all points inside the boundary are preferred to all points on the boundary.

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