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If the Production Possibilities Frontier Can Be Expressed as 4X2

Question 39

Multiple Choice

If the production possibilities frontier can be expressed as 4X2 + Y2 = 16 then the point X = 1; Y = 4 is


A) outside the production possibilities frontier
B) on the production possibilities frontier
C) inside the production possibilities frontier
D) in the wrong quadrant to be on the graph

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