Mathematics
Mathematics, 02.03.2020 19:07, dai77

Consider two points on the production possibilities frontier (PPF): point A, at which there are 50 oranges and 100 apricots, and point B, at which there are 51 oranges and 98 apricots. If the economy is currently at point B, the opportunity cost of moving to point A is .a. 2 apricots
b. 1 orange
c. 98 apricots
d. 3 oranges

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Consider two points on the production possibilities frontier (PPF): point A, at which there are 50 o...

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