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If There Is Always a Three-For-One Tradeoff Between Goods X

Question 151

Multiple Choice

If there is always a three-for-one tradeoff between goods X and Y,then the PPF between X and Y is


A) a downward-sloping curve that is bowed outward.
B) a downward-sloping curve that is bowed inward.
C) a downward-sloping straight line.
D) an upward-sloping straight line.

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