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QUESTION 1 3 The negative slope of the PPC directly illustrates which of the following: Ircinscript a . that a country can relocate factors between
QUESTION The negative slope of the PPC directly illustrates which of the following: Ircinscript a that a country can relocate factors between the production of different goods and services b that a country faces opportunity cost when making productionrelated decisions c that a country has fixed rates of productivity associated with producing goods and services d that a country is incapable of producing outside of their PPC e that a country can only achieve higher levels of consumption through increases in potential output
QUESTION
The negative slope of the PPC directly illustrates which of the following:
Ircinscript
a that a country can relocate factors between the production of different goods and services
b that a country faces opportunity cost when making productionrelated decisions
c that a country has fixed rates of productivity associated with producing goods and services
d that a country is incapable of producing outside of their PPC
e that a country can only achieve higher levels of consumption through increases in potential output
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