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doggerfresh doggerfresh
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2 years ago
Consider a production possibilities boundary that is drawn concave to the origin and shows the possible combinations of military goods and civilian goods that a country can produce. Suppose the country is currently at a point on the boundary. If the production of military goods is increased, the production of civilian goods will necessarily

▸ remain the same.

▸ increase.

▸ decrease.

▸ increase at a decreasing rate.

▸ increase at a increasing rate.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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janel989janel989
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2 years ago
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doggerfresh Author
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2 years ago
This site is awesome
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