The absolune value of the slope of the production possibilities curve gives the Mutiple Choice Dఉం ది US ON SO opportunity coer of we goons. momum amount of the good one pro

ENGR.ECONOMIC ANALYSIS
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The absolute value of the slope of the production possibilities curve gives the
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opportunity cost of the good on the horizontal axis.
maximum amount of the good on the vertical axis that can be produced.
opportunity cost of the good on the vertical axis.
maximum amount of the good on the horizontal axis that can be produced.
Transcribed Image Text:The absolute value of the slope of the production possibilities curve gives the Multiple Choice opportunity cost of the good on the horizontal axis. maximum amount of the good on the vertical axis that can be produced. opportunity cost of the good on the vertical axis. maximum amount of the good on the horizontal axis that can be produced.
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