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Consider the Production Possibilities Frontier in the Figure Shown

Question 7

Multiple Choice

Consider the production possibilities frontier in the figure shown. As more and more cigars are produced, the opportunity cost of producing more cigars: A) decreases. B) stays the same. C) increases. D) decreases then increases. Consider the production possibilities frontier in the figure shown. As more and more cigars are produced, the opportunity cost of producing more cigars:


A) decreases.
B) stays the same.
C) increases.
D) decreases then increases.

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