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Following Is the Production Possibilities Schedule for an Economy Producing

Question 4

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Following is the production possibilities schedule for an economy producing two goods, Good A and Good B.Table 2.1
Following is the production possibilities schedule for an economy producing two goods, Good A and Good B.Table 2.1 -Which of the following is an assumption made while constructing a production possibilities frontier [PPF]? A) Dynamic technological know-how B) Flexible resource quality C) Fixed resource quantity D) Full and efficient use of resources E) Flexible money supply
-Which of the following is an assumption made while constructing a production possibilities frontier [PPF]?


A) Dynamic technological know-how
B) Flexible resource quality
C) Fixed resource quantity
D) Full and efficient use of resources
E) Flexible money supply

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