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Increasing Opportunity Costs Suggest That

Question 69

Multiple Choice

Increasing opportunity costs suggest that


A) resources are not perfectly shiftable between the production of two goods.
B) resources are fully shiftable between the production of two goods.
C) a country's production possibilities frontier appears as a straight line.
D) a country's production possibilities frontier is bowed inward (i.e., convex) in appearance.

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