ECON8305docx (195).pdf - The iPPC iin iFigure i2-1...

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The i PPC i in i Figure i 2-1 i indicates i a i student i who a. i is i better i at i economics i than i English. b. i is i better i at i English i than i economics. *c. i is i equally i proficient i in i economics i and i English. d. i prefers i economics i to i English. e. i prefers i English i to i economics. 160. i Chapter i 2 Choice, i Opportunity i Costs, i and i Specialization i Questi17 i The i production i possibilities i curve i illustrates a. i tradeoffs i facing i a i society. b. i that i more i of i one i product i can i be i produced i if i only i a i little i more i of i the i other i product i is i produced. c. i the i maximum i output i that i can i be i produced i with i a i limited i amount i of i resources. d. i the i opportunity i cost i of i alternative i choices. *e. i All i of i these i choices. 161. i Chapter i 2 Choice, i Opportunity i Costs, i and i Specialization i Questi18 i A i point i lying i outside i a i nation's i production i possibilities i curve *a.

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