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Author Question: Increasing opportunity cost of producing a good or service explains (Read 111 times)

cyc028

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on: Oct 12, 2022

Question 1

The negatively sloped production possibilities boundary illustrates
◦ failure to use all the available resources.
◦ producing more of one good requires producing more of others.
◦ decreasing opportunity cost of production.
◦ the opportunity cost of increased production of goods or services.
◦ the efficient use of resources.

Question 2

Increasing opportunity cost of producing a good or service explains
◦ the linear production possibilities boundary.
◦ the unattainable combinations of goods or services.
◦ the production possibilities boundary being concave to the origin.
◦ the positively sloped production possibilities boundary.
◦ the inefficient use of resources.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by cyc028 on Oct 12, 2022

ealonif

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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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cyc028

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Missbam101

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

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