Essay
(Table: Production of Good Z and Good X in Urbanville) Look at the table Production of Good Z and Good X in Urbanville.Suppose this represents the production possibility frontier and Urbanville is currently producing 15 of Z and 45 of X.This combination is:
A.both allocatively and productively efficient.
B.productively efficient.
C.allocatively efficient.
D.neither productively nor allocatively efficient.
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