Multiple Choice
A certain cowboy spends 10 hours per day mending fences and herding cattle.For the cowboy,a graph that shows his various possible mixes of output (fences mended per day and cattle herded per day) is called his
A) line of tastes.
B) trade-off curve.
C) production possibilities frontier.
D) consumption possibilities frontier.
Correct Answer:
Verified
Correct Answer:
Verified
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