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28 Nov 2020
If an economy is producing efficiently then
a. it is not possible to produce more of any good at any cost
b. it is possible to produce more of one good without producing less of another good
c. it is possible to produce more of both goods without increasing the quantities of inputs that are being used
d. there is no way to produce more of one good without producing less of another good
If an economy is producing efficiently then
a. it is not possible to produce more of any good at any cost
b. it is possible to produce more of one good without producing less of another good
c. it is possible to produce more of both goods without increasing the quantities of inputs that are being used
d. there is no way to produce more of one good without producing less of another good
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