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jdot jdot
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A year ago

Consider two straight-line PPFs. They have the same vertical intercept, but curve I is flatter than curve II. The opportunity cost of producing the good on the vertical axis



▸

is greater along curve I.



▸

is greater along curve II.



▸

is the same along both curves.



▸

cannot be compared for the two curves without more information.

Textbook 
Economics

Economics


Edition: 12th
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janel989janel989
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A year ago
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