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What Does a Straight-Line Production Possibilities Curve Illustrate

Question 37

Multiple Choice

What does a straight-line production possibilities curve illustrate?


A) The opportunity cost of production does not vary along the curve.
B) The output combinations along the curve provide equal levels of satisfaction to consumers.
C) The opportunity cost of production of the good on the Y-axis increases as you move down along the curve.
D) The market price of the two goods is the same everywhere along the curve.

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