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ECONOMICS

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The following table illustrates the points a student can
earn on examinations in economics and biology if the
student uses all available hours for study.
Economics Biology
100 40
90 50
80 60
70 70
60 80
50 90
40 100
Plot this student’s production possibilities curve.
Does the PPC illustrate increasing or decreasing opportunity
costs?

  • ECONOMICS -

    decreasing

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