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Consider the figure. This production possibilities boundary is concave. Production Possibilities Boundary Along this production possibilities boundary, the opportunity cost of producing cars O A.

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Consider the figure. This production possibilities boundary is concave. Production Possibilities Boundary Along this production possibilities boundary, the opportunity cost of producing cars O A. cannot be measured in terms of bicycles forgone. O B. is a maximum at B. A O C. lower at point A than at points B or C. O D. is positive and rises as the number of bicycles produced decreases. Quantity of Cars P C Quantity of Bicycles

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