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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
Which of the following statements is correct?
A) If capital is idle, the economy is producing at its full potential.
B) The production possibilities frontier shows that there are no limits to production.
C) A tradeoff is a limit that forces an exchange or a substitution of one thing for something else.
D) Any point on or within the PPF is production efficient.
E) None of the above answers is correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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DropxDropx
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#1
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9 years ago
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More solutions for this book are available here
jasc666,  ziyang zhang

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#2
9 years ago
Happy to help, let me know if you have any more requests.
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#3
3 years ago
thank you
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