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Figure 51 the Figure Shows a Linear Production Possibility Curve Representing

Question 41

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Figure 5.1. The figure shows a linear production possibility curve representing a tradeoff faced by a country, between necessities and luxuries​. Figure 5.1. The figure shows a linear production possibility curve representing a tradeoff faced by a country, between necessities and luxuries​.   -When people make choices that (at the time and with the information they have at their disposal)  give them the greatest amount of satisfaction, they are said to be: A) behaving irrationally. B) applying econometric models to their everyday behavior. C) living under a communist dictator. D) acting in their own self-interest. E) showing no willingness to plan for the future.
-When people make choices that (at the time and with the information they have at their disposal) give them the greatest amount of satisfaction, they are said to be:


A) behaving irrationally.
B) applying econometric models to their everyday behavior.
C) living under a communist dictator.
D) acting in their own self-interest.
E) showing no willingness to plan for the future.

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