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Author Question: If there is always a three-for-one trade-off between the production of goods X and Y, then the ... (Read 18 times)

olsonmanny@gmail.com

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on: Oct 12, 2022

Question 1




FIGURE 1-5

Refer to Figure 1-5. Which production possibilities boundaries exhibit decreasing opportunity costs?


◦ boundaries A and C
◦ boundary C only
◦ boundaries A and B
◦ boundary B only
◦ boundary A only

Question 2

If there is always a three-for-one trade-off between the production of goods X and Y, then the production possibilities boundary for X and Y is
◦ a downward-sloping curve convex to the origin.
◦ a downward-sloping curve concave to the origin.
◦ semicircular.
◦ a downward-sloping straight line.
◦ a downward-sloping straight line that is broken at one point.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by olsonmanny@gmail.com on Oct 12, 2022

athenaheim

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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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olsonmanny@gmail.com

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Reply 2 on: Oct 12, 2022
Excellent

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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