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The PPF between goods X and Y will be a downward-sloping

BrandyBraden

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The PPF between goods X and Y will be a downward-sloping

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straight line if increasing opportunity costs exist.

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straight line if decreasing opportunity costs exist.

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curve that is bowed inward if increasing opportunity costs exist.

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straight line if constant opportunity costs exist.

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Economics

Edition: 12^th

Author: Arnold

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andrewcao90

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More solutions for this book are available here

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