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Which of the following movements illustrates the concept of opportunity cost? a. a movement along the production possibilities curve as production of one good falls
Which of the following movements illustrates the concept of opportunity cost?
a. a movement along the production possibilities curve as production of one good falls in order to increase
production of another.
b. a movement from the interior of the production possibilities curve to the frontier
c. a movement from the production possibilities curve to its interior
d. a movement from a point on the production possibilities curve to the northeast
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