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    Economics Today
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    Exam 2: Scarcity and the World of Trade-Offs
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    A Graphical Representation Which Shows the Trade-Off That Occurs When
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A Graphical Representation Which Shows the Trade-Off That Occurs When

Question 25

Question 25

Multiple Choice

A graphical representation which shows the trade-off that occurs when more of one output is obtained at the sacrifice of another is called


A) a Laffer Curve.
B) a production possibilities curve.
C) a bell curve.
D) a supply curve.

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