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Figure 2-6 -Refer to Figure 2-6.If the Economy Moves from Point a Moves

Question 111

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Figure 2-6
Figure 2-6 -Refer to Figure 2-6.If the economy moves from point A to point B,then which of the following statements is correct? A) The economy has moved from a point of inefficient production to a point of efficient production. B) The economy has experienced economic growth. C) The opportunity cost of each additional banana produced is 50 baseballs. D) None of the above is correct.
-Refer to Figure 2-6.If the economy moves from point A to point B,then which of the following statements is correct?


A) The economy has moved from a point of inefficient production to a point of efficient production.
B) The economy has experienced economic growth.
C) The opportunity cost of each additional banana produced is 50 baseballs.
D) None of the above is correct.

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