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Figure 2-5 -Refer to Figure 2-5.The Shift of the Production Possibilities Frontier

Question 119

Multiple Choice

Figure 2-5
Figure 2-5 -Refer to Figure 2-5.The shift of the production possibilities frontier from A to B illustrates A) simultaneous technological advances in the battery and bagel industries. B) a reallocation of resources away from the production of bagels and toward the production of batteries. C) economic growth. D) All of the above are correct.
-Refer to Figure 2-5.The shift of the production possibilities frontier from A to B illustrates


A) simultaneous technological advances in the battery and bagel industries.
B) a reallocation of resources away from the production of bagels and toward the production of batteries.
C) economic growth.
D) All of the above are correct.

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