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Econ 211 macroeconomics quiz 1 a. Does this production possibilities curve show increasing opportunity costs? b. What is the opportunity cost of moving from point

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Econ 211 macroeconomics quiz 1

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a. Does this production possibilities curve show increasing opportunity costs? b. What is the opportunity cost of moving from point I to point D? Explain. c. What is the opportunity cost of moving from point C to point B? d. Which of points A-E is the most efficient? Explain. ANS

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