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Loraine Loraine
wrote...
Posts: 4563
9 years ago
A bowed out PPF reflects which of the following ideas?
i.   Increasing opportunity cost
ii.   Resources are not equally productive in all activities.
iii.   Prices of goods increase over time.
A) i only
B) i and ii
C) i and iii
D) ii and iii
E) i, ii, and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 236 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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DropxDropx
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Posts: 1991
9 years ago
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9 years ago
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