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hungry22 hungry22
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10 months ago

Country 1 produces two goods, A and B. Country 2 produces the same two goods. Currently, country 1 produces 100A and 200B and country 2 produces 300A and 700B. Which of the following statements is true?



If country 1 is on its production possibilities frontier, then country 2 must be on its PPF, too.



The PPF for country 1 is necessarily closer to the origin (or further to the left) than the PPF for country 2.



If country 1 is productive inefficient, then so is country 2.



Country 2 is operating on its PPF, but country 1 is clearly not operating on its PPF.



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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mmorris1537mmorris1537
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10 months ago
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