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Author Question: If a society is producing at a point along its production possibility frontier, then the society (Read 60 times)

bclement10

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on: Apr 19, 2019

If a society is producing at a point along its production possibility frontier, then the society


◦ is fully employing its resources so it must be achieving output efficiency.
◦ is fully employing its resources, but not necessarily achieving output efficiency.
◦ is underallocating resources so it must be inefficient.
◦ is overallocating resources so efficiency is indeterminate.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by bclement10 on Apr 19, 2019

ciecieme

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bclement10

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Reply 2 on: Apr 19, 2019
:D TYSM

bitingbit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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