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One Assumption Underlying the Production Possibilities Curve Is That

Question 16

Multiple Choice

One assumption underlying the production possibilities curve is that


A) the quantity of the resources available for the production of economic goods is fixed over a given time period.
B) some of the factors of production are not being used.
C) at least one of the factors of production is a free good.
D) there is at least one factor of production that is employed inefficiently.

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