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Any Point on the Production Possibility Frontier Is

Question 283

Multiple Choice

Any point on the production possibility frontier is


A) attainable and might be allocatively inefficient.
B) attainable and must be allocatively efficient.
C) less production efficient than a point in the interior of the PPF.
D) always allocatively efficient but might or might not be production efficient.
E) always production efficient and always allocatively efficient.

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