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On a Diagram of a Production Possibilities Boundary,the Concept of Opportunity

Question 55

Multiple Choice

On a diagram of a production possibilities boundary,the concept of opportunity cost is illustrated by the


A) distance from the origin to the boundary.
B) negative slope of the boundary.
C) boundary being concave to the origin.
D) unattainable points outside the boundary.
E) area bounded by the two axes and the boundary.

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