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Business, 21.03.2021 21:00 lexireyne2005
Q2: Consider a ppf drawn with x on the horizontal axis and y on the vertical axis . which of the
following concepts can be used to explain why this production possibility frontier could be flat at
relatively lows levels of X and steep at relatively high levels ?
A- Full use of resources
B- Increasing marginal cost
C- Scarcity
D- Trade
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Answers: 1
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Q2: Consider a ppf drawn with x on the horizontal axis and y on the vertical axis . which of the
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