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One reason you go to college is to improve your employment opportunities and obt

ID: 1176668 • Letter: O

Question

One reason you go to college is to improve your employment opportunities and obtain a higher income in the future. In the context of production possibilities, this is most comparable to: producing at any point on the production possibilities curve. producing at a point inside the production possibilities curve. producing relatively more consumer goods and relatively fewer capital goods. producing relatively more capital goods and relatively fewer consumer goods. One reason you go to college is to improve your employment opportunities and obtain a higher income in the future. In the context of production possibilities, this is most comparable to: producing at any point on the production possibilities curve. producing at a point inside the production possibilities curve. producing relatively more consumer goods and relatively fewer capital goods. producing relatively more capital goods and relatively fewer consumer goods. producing at any point on the production possibilities curve. producing at a point inside the production possibilities curve. producing relatively more consumer goods and relatively fewer capital goods. producing relatively more capital goods and relatively fewer consumer goods. producing at any point on the production possibilities curve.

Explanation / Answer

producing relatively more consumer goods and relatively fewer capital goods.

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