The saying "There's no such thing as a free lunch" applies
A) to unattainable combinations of goods and services.
B) on the production possibilities frontier.
C) when more of one good can be produced without decreasing production of another.
D) when there is some unemployment.
E) at all points inside the PPF.
Correct Answer:
Verified
Q39: Q40: Production efficiency occurs Q41: The production possibilities frontier is a boundary Q42: A free lunch (the absence of a Q43: As we move along the production possibilities Q45: The production possibilities frontier illustrates which of Q46: Points on the PPF are all
A)anywhere inside or on the
A)free lunches.
B)attainable
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