Question

Calculate the opportunity cost of the production of good x at each point. what law does the trend in those value exhibit?​

Answer 1

Answer:

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Explanation:

Increasing opportunity costs mean that for each additional unit of G produced, ever-increasing amounts of D must be given up. At first as production G is increased, resources suited to G but not to D are used to increase greatly the output of G and reduce the output of D by little.

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