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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: The bowed out (concave) shape of the production possibilities curve implies that as production of on
Post by: Loraine on Jun 20, 2015
The bowed out (concave) shape of the production possibilities curve implies that as production of one good
A) increases, society must forgo increasing amounts of another good.
B) increases, society must forgo decreasing amounts of another good.
C) decreases, production of other goods decreases as well.
D) increases, production of other goods increases as well.
E) increases, society can obtain a free lunch.


Title: Re: The bowed out (concave) shape of the production possibilities curve implies that as production o
Post by: Chimelo46 on Aug 18, 2015
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Title: Re: The bowed out (concave) shape of the production possibilities curve implies that as production of on
Post by: Chimelo46 on Aug 31, 2015
Happy to assist!