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Refer to the Above Diagram

Question 205

Multiple Choice

  Refer to the above diagram.This production possibilities curve is: A) convex to the origin because opportunity costs are constant. B) linear because opportunity costs are constant. C) concave to the origin because of increasing opportunity costs. D) convex to the origin because of increasing opportunity costs. Refer to the above diagram.This production possibilities curve is:


A) convex to the origin because opportunity costs are constant.
B) linear because opportunity costs are constant.
C) concave to the origin because of increasing opportunity costs.
D) convex to the origin because of increasing opportunity costs.

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