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2. Introductory Economic Models
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Problem 15
2. Introductory Economic Models
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2. Introductory Economic Models / Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency / Problem 3
Problem 3
How does opportunity cost relate to the PPF?
A
It represents the trade-offs between different goods.
B
It eliminates the need for trade-offs.
C
It decreases the attainable production levels.
D
It increases the attainable production levels.
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