

MCQOPTIONS
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1. |
Q: If the production possibilities curve was a straight line, this would imply that |
A. | Economic resources are perfectly substitutable, in the production of the two products |
B. | Equal quantities of both products are produced at each possible point on the curve |
C. | The two products will sell at the same market price |
D. | The two products are equally important to consumers |
Answer» D. The two products are equally important to consumers | |