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    Economics Principles and Policy Study Set 2
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    Exam 3: The Fundamental Economic Problem: Scarcity and Choice
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    Figure 3-2 -In Figure 3-2, at Point B
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Figure 3-2 -In Figure 3-2, at Point B

Question 1

Question 1

Multiple Choice

Figure 3-2 Figure 3-2   -In Figure 3-2, at point B A) it is impossible to increase production of consumer goods. B) it is impossible to increase production of capital goods. C) it is possible to increase production of both capital goods and consumer goods simultaneously. D) it is impossible to increase production of both capital goods and consumer goods simultaneously.
-In Figure 3-2, at point B


A) it is impossible to increase production of consumer goods.
B) it is impossible to increase production of capital goods.
C) it is possible to increase production of both capital goods and consumer goods simultaneously.
D) it is impossible to increase production of both capital goods and consumer goods simultaneously.

Correct Answer:

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