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A Production Possibilities Frontier Is Negatively Sloped Because

Question 30

Multiple Choice

A production possibilities frontier is negatively sloped because


A) the quantity of a good purchased decreases as its price falls.
B) there is too little capital in the economy.
C) opportunity cost of production increases as more of a good is produced.
D) some resources are misallocated.
E) opportunity cost of production decreases as more of a good is produced.

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