Multiple Choice
-Refer to the above figure. Assume that only two goods can be produced in the economy. Which of the following statements is TRUE?
A) Points a, b, and c are all obtainable points of production.
B) Points a and b are obtainable points of production.
C) Points b and c are obtainable and efficient points of production.
D) Only point b is an obtainable and efficient point of production.
Correct Answer:

Verified
Correct Answer:
Verified
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