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Figure 2-4 Figure 2-4 Shows Various Points on Three Different Production Possibilities

Question 186

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Figure 2-4
Figure 2-4     Figure 2-4 shows various points on three different production possibilities frontiers for a nation. -Refer to Figure 2-4.Consider the following events: A.an increase in the patent protection period to 30 years B.an increase of a nation's capital stock C.an improved property rights system Which of the events listed above could cause a movement from V to W? A) a only B) a and b only C) a and c only D) b and c only E) a, b, and c
Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.Consider the following events:
A.an increase in the patent protection period to 30 years
B.an increase of a nation's capital stock
C.an improved property rights system
Which of the events listed above could cause a movement from V to W?


A) a only
B) a and b only
C) a and c only
D) b and c only
E) a, b, and c

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