Multiple Choice
In the production possibilities model,the vertical axis measures ________ and the horizontal axis measures ________.
A) the quantity of a good or service; the quantity of another good or service
B) the price of a good or service; the quantity of the good or service
C) the price of a good or service; the price of another good or service
D) the quantity of a good or service; time
E) people's wants; the quantity of a good or service
Correct Answer:

Verified
Correct Answer:
Verified
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