Question: Consider a production possibility frontier witn 5 0 0 tables is on the frontier. Which of the following are true? i ) Production of 7
Consider a production possibility frontier witn tables is on the frontier. Which of the following are true?
i Production of books and tables is attainable but inefficient.
ii Production of books and tables is unattainable.
iii Production of books and tables is inside the frontier.
A ii and iii
B i and iii
C i ii and iii
D i and ii
E i only
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