Question: True or False: a.Every point inside the Edgeworth box is one way of splitting labor and capital between the two sectors. b.Every point inside the

True or False:

a.Every point inside the Edgeworth box is one way of splitting labor and capital between the two sectors.

b.Every point inside the Edgeworth box is an efficient allocation of labor and capital between the two sectors.

c.Each point on the production possibility frontier corresponds to one point on the production efficiency locus inside the Edgeworth box.

d. If the production efficiency locus inside the Edgeworth box is a straight line connecting the two origins, then the production possibility frontier will be a straight line too.

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