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Refer to the Graph Below

Question 25

Multiple Choice

Refer to the graph below. Refer to the graph below.   As you move from point A to point B: A)  production efficiency is increased because we have more of good X. B)  production efficiency is decreased because we have less of good Y. C)  production efficiency is decreased because we are no longer on the production possibility curve. D)  the change in efficiency is unclear. As you move from point A to point B:


A) production efficiency is increased because we have more of good X.
B) production efficiency is decreased because we have less of good Y.
C) production efficiency is decreased because we are no longer on the production possibility curve.
D) the change in efficiency is unclear.

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