History, 24.06.2019 21:30 DavidYSD46481
Which of the following statements is true about the graph of a production possibilities curve? a. the cost of producing watermelons and shoes is roughly even on the production possibilities frontier. b. it costs 2 million more tons of watermelons to produce 14 million tons of shoes. c. the cost of moving from producing no watermelons to producing 8 million tons of watermelons is 1 million pairs of shoes. d. one million tons of watermelons must be sacrificed to produce 8 million pairs of shoes.
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Which of the following statements is true about the graph of a production possibilities curve? a. t...
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