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In the following exhibit, the production possibilities curve demonstrates: 50 48 40 Q Consumption 30 goods P M 25 20 10 N 10 20 30

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In the following exhibit, the production possibilities curve demonstrates: 50 48 40 Q Consumption 30 goods P M 25 20 10 N 10 20 30 40 50 Capital goods O changing technology O decreases in resources O changing prices the law of increasing opportunity costs. O economic growth

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