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    Microeconomics Study Set 51
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    Exam 2: Production Possibilities Frontier Framework
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    Exhibit 2-4 Refer to Exhibit 2-4. as More Fax Machines Are Produced
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Exhibit 2-4 Refer to Exhibit 2-4. as More Fax Machines Are Produced

Question 51

Question 51

Multiple Choice

Exhibit 2-4 Exhibit 2-4   Refer to Exhibit 2-4. As more fax machines are produced, the opportunity cost of producing them A) increases. B) decreases. C) remains constant. D) first decreases and then increases.
Refer to Exhibit 2-4. As more fax machines are produced, the opportunity cost of producing them


A) increases.
B) decreases.
C) remains constant.
D) first decreases and then increases.

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