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Question
Which of the following bundles of goods could not be produced with the resources the economy currently has?
Which of the following bundles of goods could not be produced with the resources the economy currently has?
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Solution
The correct option is C d
An economy can not produce outside the PPC curve because current
resources of the economy are constant, in the figure 'd' point is
outside the PPC which is not possible to produce.
An economy can not produce outside the PPC curve because current resources of the economy are constant, in the figure 'd' point is outside the PPC which is not possible to produce.
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