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What combination of goods is represented by point a

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Reference no: EM132511961

The figure below shows a nation's production possibilities frontier for apples and oranges.

a. What combination of goods is represented by point A?

b. What combination of goods is represented by point B?

c. Which point represents an unattainable combination of goods?

d. The movement from point C to point D results in a free lunch. What is the free lunch?

Reference no: EM132511961

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