Increasing opportunity costs result in a production possibilities frontier that is ___________ to the origin.

Name: Increasing opportunity costs result in a production possibilities frontier that is ___________ to the origin.
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Question

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Increasing opportunity costs mean that as more of one good is produced, the opportunity cost (in terms of the second good forgone) also increases. This creates a bowed-out production possibilities frontier that is concave to the origin.

Increasing Opportunity Costs Result in a Production Possibilities Frontier That