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Author Question: What is TRUE about every point along a utilities possibilities frontier? A) Markets are perfectly ... (Read 57 times)

Mollykgkg

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What is TRUE about every point along a utilities possibilities frontier?
 
  A) Markets are perfectly competitive.
  B) It is possible to move to from one point on the frontier to another point and make everyone better off.
  C) All allocations are efficient.
  D) It includes some unattainable points.

Question 2

Refer to Figure 9.6. As a result of this policy, producer surplus will be
 
  A) 2000.
  B) 3375.
  C) 4500.
  D) 6000.
  E) 12,000.



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jackie

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Answer to Question 1

C

Answer to Question 2

C




Mollykgkg

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Reply 2 on: Jul 1, 2018
:D TYSM


daiying98

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Reply 3 on: Yesterday
Gracias!

 

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