Question: Points on a utility possibility curve represent: 2 points a given distribution of well-being between two persons. an efficient allocation of resources. the maximum well-being
Points on a utility possibility curve represent:
2 points
a given distribution of well-being between two persons.
an efficient allocation of resources.
the maximum well-being of any one person, given the resources available and the well-being of another person.
all of the above
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