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2. An increase in the technology used in the production of only one of the two goods in a society will a. eliminate scarcity.

2. An increase in the technology used in the production of only one of the two goods in a society will a. eliminate scarcity. b. move the production possibility frontier out in all directions. c. move the production possibility frontier in all directions. d. leave one intercept of the production possibility frontier fixed and swing out from the other. 3. A typical production possibility frontier is a. convex because opportunity costs are increas

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