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    Exam 2: The Economic Problem
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    A Tradeoff Is
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A Tradeoff Is

Question 373

Question 373

Multiple Choice

A tradeoff is


A) represented by a point inside a PPF.
B) represented by a point outside a PPF.
C) a constraint that requires giving up one thing to get another.
D) a transaction at a price either above or below the equilibrium price.

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