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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Consider a PPF with consumption goods on the horizontal axis and capital goods on the vertical axis. If the country operates on its PPF near its ________ axis, this country ________.
A) vertical; will experience greater economic growth
B) vertical; will not face opportunity costs
C) horizontal; will have a larger chance at economic growth
D) horizontal; faces larger trade offs
E) vertical; is operating at an inefficient point
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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8 years ago
Thanks for updating the community. A lot posters don't realize how important feedback is!
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