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If an Economy Has to Sacrifice Increasing Amounts of Good

question 269

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If an economy has to sacrifice increasing amounts of good X for each additional unit of good Y produced,then its production possibility frontier is:


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Laws

Established rules of conduct enforced by governmental authority to maintain order and protect rights and properties.

Communicated

The process by which information is exchanged or conveyed between individuals through a common system of symbols, signs, or behavior.

Language

A system of communication used by a particular community or country, involving the use of words in a structured and conventional way.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences through study, experience, or teaching.

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