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    Exam 1: First Principles
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    The Production Possibility Frontier Is Bowed Out from the Origin
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The Production Possibility Frontier Is Bowed Out from the Origin

Question 194

Question 194

Essay

The production possibility frontier is bowed out from the origin because:
A.resources are not equally suited for the production of both goods.
B.resources are scarce.
C.economic growth leads to inefficiency.
D.resources are inefficiently used.

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resources are equall...

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