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If there is no specialization of resources in the production of milk and cream, the production possibilities curve for an economy that produces these two goods is

a. bowed out and downward-sloping
b. straight and downward-sloping
c. bowed in and downward-sloping
d. horizantal
e. vertical

1 Answer

7 votes

Answer:

C. Bowed in and downward-sloping

User Jgre
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