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Which of the Following Statements Best Describe the Given Production

Question 94

Multiple Choice

Which of the following statements best describe the given production possibilities curve?


A) Consumers prefer butter to guns.
B) Consumers prefer guns to butter.
C) Consumers like guns as much as they like butter.
D) Becky prefers to produce butter rather than guns.
E) Becky is able to produce guns and/or butter.

Correct Answer:

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