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Chako Chako
wrote...
Posts: 2948
8 years ago
If points A and B are two locations on a country's production possibility frontier, then
A) producers are indifferent between the two bundles.
B) the country could produce either of the two bundles.
C) consumers are indifferent between the two bundles.
D) both bundles must have the same relative cost.
E) at any point in time, the country could produce both.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Good answer, thank you
wrote...
7 years ago
Good luck
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