Which of the following is an efficient production plan?

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter2: Economics: Eight Powerful Ideas
Section: Chapter Questions
Problem 15P
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Consider the following figure:
A
B
PPF₂
PPF₁
D
C
E
X
Which of the following is an efficient production plan?
O Country 1 producing at C and country 2 producing at B.
O Country 1 producing at B and country 2 producing at D.
Country 1 producing at A and country 2 producing at D.
O Country 1 producing at D and country 2 producing at B.
Transcribed Image Text:Consider the following figure: A B PPF₂ PPF₁ D C E X Which of the following is an efficient production plan? O Country 1 producing at C and country 2 producing at B. O Country 1 producing at B and country 2 producing at D. Country 1 producing at A and country 2 producing at D. O Country 1 producing at D and country 2 producing at B.
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