Multiple Choice
-Which of the following statement is most appropriate for the given production possibilities curve?
A) There is an increasing opportunity cost as Bo produces more fish.
B) There is an increasing opportunity cost as Bo produces less fish.
C) The opportunity cost for fish production is constant.
D) The opportunity cost for apple production is constant.
E) The opportunity cost for both fish and apple production is constant.
Correct Answer:

Verified
Correct Answer:
Verified
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