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Which of the Following Is NOT True Concerning a Society's

Question 327

Multiple Choice

Which of the following is NOT true concerning a society's production possibilities frontier (PPF) ?


A) It reveals the maximum amount of any two goods that can be produced from a given quantity of resources.
B) Tradeoffs occur when moving along a PPF.
C) Production efficiency occurs when production is on the frontier itself.
D) Consumers will receive equal benefits from the two goods illustrated in the PPF.

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