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What Does It Mean If an Economy Is Producing Efficiently

Question 90

Multiple Choice

What does it mean if an economy is producing efficiently?


A) there is no way to produce more of one good without producing less of the other.
B) it is possible to produce more of both goods.
C) it is possible to produce more of one good without producing less of the other.
D) it is not possible to produce more of one good at any cost.

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