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The Concave Shape of a Production Possibilities Frontier Showing Possible

Question 186

Multiple Choice

The concave shape of a production possibilities frontier showing possible output levels of good A and good B indicates that if the economy produces more and more of good B,


A) larger and larger amounts of good A must be sacrificed
B) smaller and smaller amounts of good A must be sacrificed
C) more of good A will be produced
D) the amount of resources available in the economy must be increased
E) there must be an improvement in technology

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