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​Exhibit 3-13 -Refer to Exhibit 3-13. the Opportunity Cost of Producing an of Producing

Question 122

Multiple Choice

​Exhibit 3-13 ​Exhibit 3-13 -Refer to Exhibit 3-13. The opportunity cost of producing an additional cake: A) ​increases as the economy moves in a southeast direction along the production possibilities curve. B) ​decreases as the economy moves in a southeast direction along the production possibilities curve. C) ​remains constant as the economy moves in a southeast direction along the production possibilities curve. D) ​equals zero.
-Refer to Exhibit 3-13. The opportunity cost of producing an additional cake:


A) ​increases as the economy moves in a southeast direction along the production possibilities curve.
B) ​decreases as the economy moves in a southeast direction along the production possibilities curve.
C) ​remains constant as the economy moves in a southeast direction along the production possibilities curve.
D) ​equals zero.

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