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On a typical, non-linear PPF, we find that the more of one good you have, you must begin to sacrifice an increasing amount of the
On a typical, non-linear PPF, we find that the more of one good you have, you must begin to sacrifice an increasing amount of the other good. This was known as the O Law of increasing opportunity cost O Law of demand Law of supply O Law of marginal analysis Law of increasing scarcity
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