The graph above shows the PPC for a country that can produce oil or televisions.
The straight line is the trade line and CPC if production is at Point A.
Is this country producing the optimal mix of oil and televisions to maximize its income? Carefully explain how you know.

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The graph above shows the PPC for a country that can produce oil or televisions.
The straight line is the trade line and CPC if production is at Point A.
Is this country producing the optimal mix of oil and televisions to maximize its income? Carefully explain how you know.

The Graph Above Shows the PPC for a Country That