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A Production Possibilities Curve Indicates That When Resources Are Being

Question 37

Multiple Choice

A production possibilities curve indicates that when resources are being used efficiently,


A) you can only produce more of one good only if you lower its price.
B) you can only produce more of one good only if you produce more of another good.
C) you can only produce more of one good only if you produce less of another good.
D) it is impossible to expand the total output of goods over time.

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