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Author Question: The diagram below shows two production possibilities boundaries for Country X.FIGURE 1-4Refer to ... (Read 89 times)

cyc028

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on: Oct 12, 2022

The diagram below shows two production possibilities boundaries for Country X.



FIGURE 1-4

Refer to Figure 1-4. At point B,


◦ Country X is producing too many consumer goods and too few capital goods.
◦ the opportunity cost of producing an extra unit of capital goods is higher than at point A.
◦ the price of capital goods is higher than the price of consumer goods.
◦ the opportunity cost of producing an extra unit of consumer goods is higher than at point A.
◦ the price of consumer goods is equal to the price of capital goods.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by cyc028 on Oct 12, 2022

xinyiff

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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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cyc028

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Excellent

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