If the production possibilities curve was a straight line, this would imply that5
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Q: If the production possibilities curve was a straight line, this would imply that
- 1Economic resources are perfectly substitutable, in the production of the two productsfalse
- 2Equal quantities of both products are produced at each possible point on the curvefalse
- 3The two products will sell at the same market pricetrue
- 4The two products are equally important to consumersfalse
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