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Using Figure 4

Question 20

Multiple Choice

Using Figure 4.1, assume that point C represents the best possible mix or optimal level of output for this society.If the market fails and produces a suboptimal mix of output, then it could produce at A) Point A, B, D, or E. B) Point D or F. C) Point A, B, D, or F. D) Point E or F. Using Figure 4.1, assume that point C represents the best possible mix or optimal level of output for this society.If the market fails and produces a suboptimal mix of output, then it could produce at


A) Point A, B, D, or E.
B) Point D or F.
C) Point A, B, D, or F.
D) Point E or F.

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