An economy's production possibilities frontier is also its consumption possibilities frontier Select one: a.when the rate of tradeoff between the two goods being produced is constant. b.under no circumstances. C.under all circumstances. d.when the economy is self-sufficient.

An economy's production possibilities frontier is also its consumption possibilities frontier Select one: a.when the rate of tradeoff between the two goods being produced is constant. b.under no circumstances. C.under all circumstances. d.when the economy is self-sufficient.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 6P

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Economics

An economy's production possibilities frontier is also its consumption possibilities frontier
Select one:
a.when the rate of tradeoff between the two goods being produced is constant.
b.under no circumstances.
c.under all circumstances.
d.when the economy is self-sufficient.
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