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-Refer to the Production Possibilities Frontier in the Figure Above

question 239

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  -Refer to the production possibilities frontier in the figure above. More of good X must be given up per unit of good Y gained when moving from point b to point a than when moving from point c to point b. This fact A)  illustrates decreasing opportunity cost. B)  illustrates increasing opportunity cost. C)  indicates that good X is more capital intensive than good Y. D)  indicates that good Y is more capital intensive than good X.
-Refer to the production possibilities frontier in the figure above. More of good X must be given up per unit of good Y gained when moving from point b to point a than when moving from point c to point b. This fact


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