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A Production Possibilities Curve That Is Linear (A Straight Line)

Question 71

Multiple Choice

A production possibilities curve that is linear (a straight line) :


A) ​illustrates a tradeoff in which opportunity cost of a good increases with the level of its production.
B) ​illustrates a tradeoff in which the opportunity cost of a good decreases with the level of its production.
C) ​illustrates a tradeoff in which the opportunity cost of a good is constant at all levels of production.
D) ​demonstrates the fallacy of composition.

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