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Loraine Loraine
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9 years ago
In order for Ireland to grow more potatoes, wool production must decrease. This situation is an example of
A) producing at a point that lies beyond the PPF.
B) zero opportunity cost.
C) opportunity benefit.
D) a free lunch.
E) a tradeoff.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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9 years ago
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#2
9 years ago
The textbook reference in your signature really helped me narrow it down.

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