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An Edgeworth Production Box

Question 48

Multiple Choice

An Edgeworth production box:


A) identifies the most efficient method of producing the output.
B) identifies the maximum amount of an input required to produce a good.
C) identifies all the ways in which two inputs can be allocated between two industries in a simple economy.
D) identifies the different ways in which two goods can be allocated between two people in a simple economy.

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