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Figure 3-2 In Figure 3-2, the Production Possibilities Frontier Has a Bowed-Out

Question 57

Multiple Choice

Figure 3-2
Figure 3-2 In Figure 3-2, the production possibilities frontier has a bowed-out shape because of the law of A) decreasing costs. B) increasing costs. C) demand. D) comparative advantage.
In Figure 3-2, the production possibilities frontier has a bowed-out shape because of the law of


A) decreasing costs.
B) increasing costs.
C) demand.
D) comparative advantage.

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