Capital Goods 0 A D. B E Consumer Goods Refer to the diagram. Other things equal, this economy will shift its production possibilities curve outward the most if Select one: A. the ratio of capital to consumer goods is minimized. B. it chooses point B. C. it chooses point C. D. it chooses point A.

Capital Goods 0 A D. B E Consumer Goods Refer to the diagram. Other things equal, this economy will shift its production possibilities curve outward the most if Select one: A. the ratio of capital to consumer goods is minimized. B. it chooses point B. C. it chooses point C. D. it chooses point A.

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 7P

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Capital Goods
0
A
B
E
Consumer Goods
Refer to the diagram. Other things equal, this
economy will shift its production possibilities curve
outward the most if
Select one:
A. the ratio of capital to consumer goods is
minimized.
B. it chooses point B.
C. it chooses point C.
D. it chooses point A.

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