Multiple Choice
As an economy grows,
A) it can eliminate scarcity.
B) the opportunity cost of production will increase.
C) the opportunity cost of production will approach 0.
D) its PPF shifts outward.
E) its PPF does not shift; instead, the production point moves from inside the PPF to be closer to the PPF.
Correct Answer:
Verified
Correct Answer:
Verified
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