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Given a Production Possibilities Curve for Consumer Goods (On the X-Axis)

Question 56

Multiple Choice

Given a production possibilities curve for consumer goods (on the x-axis) and capital goods (on the y-axis) , the opportunity cost of increasing the production of consumer goods is greatest
When the slope of the production possibilities curve is:


A) 3
B) 5/2
C) -5/2
D) -3

Correct Answer:

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