(Table: Production Possibilities Schedule) If the table is graphed, the production possibilities frontier shows

Name: (Table: Production Possibilities Schedule) If the table is graphed, the production possibilities frontier shows
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The production possibilities schedule shows that as the economy produces more of one good, the opportunity cost of producing that good increases. This results in a bowed-out shape for the production possibilities frontier, indicating increasing opportunity costs.

(Table: Production Possibilities Schedule) If the Table Is Graphed, the Production