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    Economics for Today
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    Exam 2: Production possibilities and opportunity cost
  5. Question
    Exhibit 2-8 Production Possibilities Frontier Data
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Exhibit 2-8 Production Possibilities Frontier Data

Question 22

Question 22

Multiple Choice

Exhibit 2-8 Production possibilities frontier data
Exhibit 2-8 Production possibilities frontier data    -Suppose an economy is faced with the production possibilities table shown in Exhibit 2-8.The first unit of capital goods will cost the economy _____ units of consumption goods. A) 25 B) 2 C) 1 D) 23 E) 11
-Suppose an economy is faced with the production possibilities table shown in Exhibit 2-8.The first unit of capital goods will cost the economy _____ units of consumption goods.


A) 25
B) 2
C) 1
D) 23
E) 11

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