Introduction to Economics 2 Deneme Sınavı Sorusu #349967

When the production possibilities frontier and the consumption possibilities frontier of an economy are identical?


At the autarky condition

 

At the open economy condition

 

At the general equilibrium

 

At the internal equilibrium

At the external equilibrium


Yanıt Açıklaması:

At the autarky, the production possibilities frontier and the consumption possibilities frontier of an economy are identical. In other words, production and consumption points are the same and they are both on the same frontier.

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