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If Points a and B Are Two Locations on a Country's

Question 24

Multiple Choice

If points A and B are two locations on a country's production possibility frontier, then


A) at any point in time, the country could produce both.
B) both bundles must have the same relative cost.
C) consumers are indifferent between the two bundles.
D) the country could produce either of the two bundles.
E) producers are indifferent between the two bundles.

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