Question: 1. True/ False / Uncertain Statements Section {15 Points) Determine whether each statement is true, false, or uncertain and explain why. Answers with no explanation


1. True/ False / Uncertain Statements Section {15 Points) Determine whether each statement is true, false, or uncertain and explain why. Answers with no explanation will receive no points. i. The resources at the disposal of Airs. Do Good can allow her produce at the points on her productions possibilities frontier. It can therefore be said that points inside the PPF are attainable and efcient and while points outside her PPF are inefcient and unattainable. ii. \"An inferior good will always be inferior throughout the full range of incomes experienced by consumers.\" iii. The \"wants\" of an individual can be equated to his / her \"needs\" in absolute sense
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