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The economys available technology prevents it from producing at a more desirable point. The economy lacks the resources to produce at a more...
B. The economys available technology prevents it from producing at a more desirable point. A. The economy lacks the resources to produce at a more desirable point. Suppose the economy is producing at point B. Which of the following statements would best explain this situation? A. The economy lacks the resources to produce at a more desirable point. B. The economys available technology prevents it from producing at a more desirable point. C. There is widespread unemployment in the economy. D. Any of the above statements would be a legitimate explanation for this situation.
