MCQOPTIONS
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| 1. |
The locus of the various physically attainable utility combinations of two persons when the factor endowments, state of technology and preference orders of the individuals are given. |
| A. | grand utility possibility frontier |
| B. | Maximum utility frontier |
| C. | Pareto Optimality frontier |
| D. | Hicks Utility Frontier |
| Answer» B. Maximum utility frontier | |