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If the Economy Is Producing a Combination of Goods Inside

Question 1

Multiple Choice

If the economy is producing a combination of goods inside its production possibilities frontier,then


A) workers are on vacation
B) a significant number of workers have little education
C) some resources are being wasted
D) technology must improve before output can increase
E) the opportunity cost of producing more output is greater than the value of the additional output that could be produced

Correct Answer:

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