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If a country produces good Y (measured on the vertical axis) and good X (measured on the horizontal axis), then the absolute value of the slope of its production possibility frontier is equal to:.
A. the opportunity cost of good X.
B. the price of good X divided by the price of good Y.
C. the price of good Y divided by the price of good X.
D. the opportunity cost of good Y.
E. the cost of capital (assuming that good Y is capital intensive) divided by the cost of labor
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If a country produces good Y (measured on the vertical axis) and good X (measured on the horizontal...
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