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-The Concept of Opportunity Cost Is Best Represented by The

Question 47

Multiple Choice

  -The concept of opportunity cost is best represented by the: A) shift of the production possibilities curve from PP<sub>1</sub> to PP<sub>2</sub> B) move from point B on PP<sub>1</sub> to point E on PP<sub>2</sub> C) move from point E on PP<sub>2</sub> to point A on PP<sub>1</sub> D) move from point D inside PP<sub>1</sub> to point B on PP<sub>1</sub> E) move from point B to point C along PP<sub>1</sub>
-The concept of opportunity cost is best represented by the:


A) shift of the production possibilities curve from PP1 to PP2
B) move from point B on PP1 to point E on PP2
C) move from point E on PP2 to point A on PP1
D) move from point D inside PP1 to point B on PP1
E) move from point B to point C along PP1

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