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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
In a production possibilities frontier graph, the cost of producing more units of a good is measured by the
A) dollar value of the resources used to produce the good.
B) amount of the other good or service that must be forgone.
C) dollar value of the additional output.
D) area in the arc between the PPF and a straight line drawn between the starting point and the ending point.
E) None of the above answers is correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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9 years ago
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#2
9 years ago
Glad to help you, and good luck with your course.
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