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When Constructing a Production Possibilities Frontier, Which of the Following

Question 236

Multiple Choice

When constructing a production possibilities frontier, which of the following assumptions is not made?


A) The economy produces only two goods or two types of goods.
B) Firms produce goods using factors of production.
C) Technology does not change.
D) The quantities of the factors of production that are available are increasing over the relevant time period.

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