On a production possibilities frontier of country, such as Mexico, all points are: Inefficient efficient economic...

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On a production possibilities frontier of country, such as Mexico, all points are: Inefficient efficient economic growth. Inf

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Answer 1

Answer #1

Answer : The answer is option B.

Any point which lies on production possibility frontier is effient. So, all points on production possibility frontier are efficient. Hence except option B other options are not correct. Therefore, option B is the correct answer.

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Answer 2

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On a production possibilities frontier of country, such as Mexico, all points are: Inefficient efficient economic...

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production possibilities frontier

production efficiency in production possibilities frontier.

Explain the production efficiency in production possibilities frontier.

Draw a production possibilities frontier curve. Illustrate the set of points that is feasible, the set...

Economic growth (shifting of the production possibilities frontier) can occur (pick all the correct answers) -...

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46) A shift outwards of the nation's production possibilities frontier can occur due to: 46) A)...

Opportunity cost is evident on the production possibilities frontier (PPF) graph as we move from one...

On a production possibilities frontier of country, such as Mexico, all points are: Inefficient efficient economic...

Homework Answers

Add Answer to: On a production possibilities frontier of country, such as Mexico, all points are: Inefficient efficient economic...

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On a production possibilities frontier of country, such as Mexico, all points are: Inefficient efficient economic...