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posted by  anubis89 on 11/2/2009 4:53:15 PM  |  status: Closed  |  Earned Karma: 2076

Country's ppf

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N/A N/A N/A N/A 11/2/2009 at 11:00:00 PM
Question Details:
The slope of a country's ppf reflects?
a. the opportunity cost of producing one good in terms of the other.
b. The opportunity cost of consuming one good in terms of the other.
c. The amount of labor used to produce one good in terms of the other.
d. The market price of one of the goods.

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posted by glengainer on 11/2/2009 4:59:23 PM  |  status: Live
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a. the opportunity cost of producing one good in terms of the other.
Hope my answer is a lifesaver :) Feel free to PM me if you need more help
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