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23-01-2024
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An economy is efficient if it is ________. possible to produce more of all goods and services. possible to produce more of one good without producing less of another. not possible to produce more of one good without producing less of another good. producing a combination of goods. Which of the following options correctly describes an efficient economy?
1) Possible to produce more of all goods and services
2) Possible to produce more of one good without producing less of another
3) Not possible to produce more of one good without producing less of another good
4) Producing a combination of goods

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