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If Economic Resources Are Perfectly Interchangeable Between the Two Products

Question 13

Multiple Choice

If economic resources are perfectly interchangeable between the two products shown on a production possibilities graph,


A) the economy will always be at full employment.
B) more of one product can be produced without producing less of the other product.
C) the production possibilities curve would be a straight line.
D) the two products are of equal value to the economy.

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