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The Best Output or the Optimal Production of the Nation

Question 33

Multiple Choice

The best output or the optimal production of the nation is


A) a combination of products at the midpoint of the production possibilities curve.
B) a combination of products at either of the two endpoints of the production possibilities curve.
C) determined by equalizing the marginal benefits and marginal costs of each product.
D) the production combination where the opportunity costs are minimized.

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