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Generally, on a Linear Two-Good Production Possibilities Curve, the Opportunity

Question 84

Multiple Choice

Generally, on a linear two-good production possibilities curve, the opportunity cost of the good measured on the vertical axis is:


A) one minus the opportunity cost of the good measured on the horizontal axis.
B) the reciprocal of the opportunity cost of the good measured on the horizontal axis.
C) the absolute value of the slope of the production possibilities curve.
D) the negative of the opportunity cost of the good measured on the horizontal axis.

Correct Answer:

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