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The Following Figure Depicts a Nonlinear Production Possibilities Curve

Question 105

Multiple Choice

The following figure depicts a nonlinear production possibilities curve.
The following figure depicts a nonlinear production possibilities curve.    -Refer to the figure above.Point E represents a situation that ________. A)  is currently unattainable and can be expected to remain so B)  will be attainable only if there is economic growth C)  results from inefficient use of resources or failure to use all available resources D)  has a higher opportunity cost than do points on the boundary itself
-Refer to the figure above.Point E represents a situation that ________.


A) is currently unattainable and can be expected to remain so
B) will be attainable only if there is economic growth
C) results from inefficient use of resources or failure to use all available resources
D) has a higher opportunity cost than do points on the boundary itself

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