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msidhu msidhu
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11 months ago

The economy can produce 15X and 15Y, 10X and 20Y, 5X and 25Y, or OX and 30Y. It follows that the production possibility frontier (PPF) is



a downward-sloping straight line.



an upward-sloping straight line.



a downward-sloping convex curve.



a downward-sloping concave curve.

Textbook 
Economics

Economics


Edition: 12th
Author:
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wordnerdwordnerd
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11 months ago
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