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One of the Concepts That Is Illustrated by a Downward

Question 10

Multiple Choice

One of the concepts that is illustrated by a downward sloping production possibilities frontier is that


A) technology must change in order to produce more of a particular good
B) to produce more of one good,some of the alternative goods must be given up
C) opportunity cost generally declines as more of a good is produced
D) specialization leads to gains in overall utility for society
E) opportunity cost generally does not vary as more of a good is produced

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