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Author Question: All points on a country's production possibilities boundary are (Read 132 times)

redpassion

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on: Oct 12, 2022

Question 1




FIGURE 12-3

Refer to Figure 12-3. The area representing producer surplus at the monopoly equilibrium is outlined by


◦ P0P2BA.
◦ P0P3CA.
◦ 0P0Aq1.
◦ 0P3Cq1.
◦ P0AP1.

Question 2

All points on a country's production possibilities boundary are
◦ not productively efficient.
◦ Pareto optimal.
◦ allocatively efficient.
◦ productively efficient.
◦ points at which P = MC for all goods.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by redpassion on Oct 12, 2022

Sha

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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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redpassion

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

T4T

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

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