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In the Production Possibilities Model, the Vertical Axis Measures --------------------and

Question 12

Multiple Choice

In the production possibilities model, the vertical axis measures --------------------and the horizontal axis measures--------------------.


A) people's wants; the quantity of a good or service
B) the quantity of a good or service; the quantity of another good or service
C) the price of a good or service; the price of another good or service
D) the quantity of a good or service; time
E) the price of a good or service; the quantity of the good or service

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