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Question: If the PPF of an economy is a straight line, it means that the economy Is equally good at producing both goods Has constant
Question: If the PPF of an economy is a straight line, it means that the economy
- Is equally good at producing both goods
- Has constant opportunity costs for both goods
- Has decreasing opportunity costs for both goods
- Has increasing opportunity costs for both goods
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Managerial Economics A Problem Solving Approach
Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
4th edition
1305259335, 978-1305259331
