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If Production Involves Increasing Opportunity Cost, Then on the Production

Question 195

Multiple Choice

If production involves increasing opportunity cost, then on the production possibilities frontier, moving to a point closer to the horizontal axis will increase the opportunity cost of


A) the good that is shown on the horizontal axis.
B) the good that is shown on the vertical axis.
C) both of the goods shown on the axes.
D) neither of the goods shown on the axes.

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