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In a Production Possibilities Frontier Graph,the Cost of Producing More

Question 5

Multiple Choice

In a production possibilities frontier graph,the cost of producing more units of a good is measured by the


A) area in the arc between the PPF and a straight line drawn between the starting point and the ending point.
B) amount of the other good or service that must be forgone.
C) dollar value of the resources used to produce the good.
D) dollar value of the additional output.
E) None of the above answers is correct.

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