The following figure depicts the production possibilities curve when Ann and Bob engage in trade. With all her resources, Ann can either produce two computer programs or one Web site. With all his resources, Bob can either produce one computer program or three Web sites.

-Refer to the figure above.What is the value of B?
A) 1
B) 2
C) 3
D) 4
Correct Answer:
Verified
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Q63: The following figure depicts the production possibilities
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Q68: A firm producing calculators and cell phones
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Q70: Which of the following statements is true?
A)
Q71: The following figure depicts the production possibilities
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