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Business, 02.11.2019 07:31 ngj312

Aeconomy is currently in a pareto efficient situation where the quantity of apples produced is 500. which of the following statements must be true? 1. if the economy changes and produces 600 apples, someone is worse off ii. if the economy changes and produces 400 apples, someone is better off iii. if the person who is willing to buy the 501st apple would pay $1 for that apple, the mc of producing the 501st apple is not less than $1 a) only i must be true b) only ii must be true c) only l and il must be true d) only i and iil must be true e) all

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Aeconomy is currently in a pareto efficient situation where the quantity of apples produced is 500....
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