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    Moving Along a Bowed- Out PPF Between Milk and Cotton
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Moving Along a Bowed- Out PPF Between Milk and Cotton

Question 59

Question 59

Multiple Choice

Moving along a bowed- out PPF between milk and cotton, as more milk is produced the marginal cost of an additional gallon of milk


A) falls.
B) does not change.
C) rises.
D) probably changes, but in an ambiguous direction.

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