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A Nation Can Produce Two Products: Steel and Wheat

Question 139

Multiple Choice

A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule: A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule:   Refer to the above table. A change from combination C to B means that: A)  1 unit of steel is given up to get 75 units of wheat B)  2 units of steel are given up to get 75 units of wheat C)  1 unit of steel is given up to get 15 more units of wheat D)  2 units of steel are given up to get 15 more units of wheat Refer to the above table. A change from combination C to B means that:


A) 1 unit of steel is given up to get 75 units of wheat
B) 2 units of steel are given up to get 75 units of wheat
C) 1 unit of steel is given up to get 15 more units of wheat
D) 2 units of steel are given up to get 15 more units of wheat

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