Refer to Exhibit 2-5. Given available resources and technology, this economy can produce 50,000 television sets and 50,000 fax machines only if it chooses to

Refer to Exhibit 2-5. Given available resources and technology, this economy can produce 50,000 television sets and 50,000 fax machines only if it chooses to


a. have an equal distribution of goods.
b. operate at both points C and D.
c. combine points C and D.
d. none of the above


ANS: D


Production Possibilities Frontier Framework

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