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    Principles of Economics Study Set 12
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    Exam 1: The Central Idea
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    Exhibit 1-4 -The Typical Production Possibilities Schedule Shows That the Opportunity Cost
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Exhibit 1-4 -The Typical Production Possibilities Schedule Shows That the Opportunity Cost

Question 95

Question 95

True/False

Exhibit 1-4 Exhibit 1-4   -The typical production possibilities schedule shows that the opportunity cost for producing more of one good requires giving up an increasing amount of production of another good.
-The typical production possibilities schedule shows that the opportunity cost for producing more of one good requires giving up an increasing amount of production of another good.

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