Multiple Choice
If it is not possible to increase the output of one good without decreasing the output of the other, when there are only two goods, then
A) this situation would describe a point on a production possibilities frontier for the producer.
B) the outcome can be described as efficient.
C) there is no unemployment of resources.
D) All of these outcomes are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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