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-In the Production Possibilities Frontier Depicted in the Figure Above

Question 231

Multiple Choice

  -In the production possibilities frontier depicted in the figure above, which of the following combinations of hats and bananas is generated by an efficient allocation of resources? A)  0 pounds of bananas and 6 million hats B)  3 million pounds of bananas and 4 million hats C)  2 million pounds of bananas and 5 million hats D)  All of the above combinations are efficient.
-In the production possibilities frontier depicted in the figure above, which of the following combinations of hats and bananas is generated by an efficient allocation of resources?


A) 0 pounds of bananas and 6 million hats
B) 3 million pounds of bananas and 4 million hats
C) 2 million pounds of bananas and 5 million hats
D) All of the above combinations are efficient.

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