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While Moving on the Production Possibilities Frontier, If the Opportunity

Question 53

Multiple Choice

While moving on the production possibilities frontier, if the opportunity cost of producing one good is 1/2, the opportunity cost of producing the other good (in the same range) is


A) 1/2.
B) 2.
C) 4.
D) 1/4.
E) An amount that cannot be calculated without more information.

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