Business
Business, 02.01.2020 21:31, Jasten

What is the meaning of the x-
and y-intercepts?
a. these points demonstrate an inefficient use of resources.
b. these are the limits of production if all resources are used to produce both goods.
c. these points show the preferred amount of goods x and y that a society will produce.
d. these are the limits of production if all resources are used to produce only one good.

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Answers: 3

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What is the meaning of the x-
and y-intercepts?
a. these points demonstrate an ineffici...

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