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QUESTION 7 v ( a ) resources are specialized. ( b ) opportunity costs increase as production of either product increases. ( c ) resources
QUESTION
v
a resources are specialized.
b opportunity costs increase as production of either product increases.
c resources are not specialized.
d both a and b are correct.
QUESTION
Given the PPF curve in figure what is the opportunity cost of in terms of as production moves from point b to point a
a units of for each unit of
b units of for each unit of
c None of the above.
d
e $
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