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Author Question: A country's production possibilities boundary shows that when a society uses its resources efficiently, (Read 106 times)

Triley39

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on: Oct 12, 2022

Question 1

During economic recessions, the opportunity cost of going to university ________ because the wages a student can expect to earn working in the best alternative ________.
◦ decreases; increase
◦ increases; decrease
◦ remains the same; remain the same
◦ decreases; decrease
◦ increases; increase

Question 2

A country's production possibilities boundary shows that when a society uses its resources efficiently,
◦ it cannot produce more of one good without producing less of the other good.
◦ it is always possible to produce more of all goods.
◦ it can produce more of only one good.
◦ all points inside the boundary are preferred to all points on the boundary.
◦ the supply for goods always exceeds the demand.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Triley39 on Oct 12, 2022

hvhf4k+549qz8f218jyo@shar

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Reply #1 on: Oct 12, 2022
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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Triley39

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Reply 2 on: Oct 12, 2022
Excellent

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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