Which of the following is NOT true about an economy's production possibility curve (PPC) ?
A) Consumers receive equal benefits from the consumption of either good.
B) The PPC shows the maximum amount of any two goods that can be produced from a given quantity of resources.
C) Tradeoffs between the production levels of the two goods occur along a PPC.
D) Inefficient use of resources can cause production to occur at a point inside the PPC.
Correct Answer:
Verified
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