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Author Question: A straight-line production possibilities boundary differs from a concave boundary in which of the ... (Read 63 times)

nods

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on: Oct 12, 2022
A straight-line production possibilities boundary differs from a concave boundary in which of the following ways?
◦ The straight-line boundary illustrates constant opportunity costs, whereas the concave boundary illustrates increasing opportunity costs.
◦ The straight-line boundary does not show scarcity, whereas the concave boundary does.
◦ The straight-line boundary shows opportunity cost, whereas the concave boundary does not.
◦ The concave boundary illustrates constant opportunity costs, whereas the straight-line boundary illustrates decreasing opportunity costs.
◦ A straight-line boundary is associated with a command economy, whereas a concave boundary is associated with a free-market economy.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by nods on Oct 12, 2022

ellie

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nods

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Reply 2 on: Oct 12, 2022
Excellent

flexer1n1

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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