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-The Above Figure Shows a Nation's Production Function

Question 51

Multiple Choice

-The above figure shows a nation's production function.Point C is A) the labour market equilibrium point. B) the maximum amount of real GDP the nation can produce. C) attainable if the nation uses resources efficiently. D) attainable if the nation uses resources inefficiently. E) unattainable given the nation's resource level.
-The above figure shows a nation's production function.Point C is


A) the labour market equilibrium point.
B) the maximum amount of real GDP the nation can produce.
C) attainable if the nation uses resources efficiently.
D) attainable if the nation uses resources inefficiently.
E) unattainable given the nation's resource level.

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