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    Exam 1: Limits, Alternatives, and Choices
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    The Production Possibility Curve
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The Production Possibility Curve

Question 61

Question 61

Multiple Choice

The production possibility curve:


A) is convex to the origin.
B) is based on the law of diminishing returns.
C) is the boundary between attainable and unattainable outputs.
D) reflects the mixed economy found with most economic systems.

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