Economy, asked by Julyin93151, 11 months ago

Does the ppf for bliss obey the law of increasing opportunity cost? Why or why not

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Answered by Anonymous
0

The law of increasing opportunity cost is the concept that as you continue to increase production of one good, the opportunity cost of producing that next unit increases. This comes about as you reallocate resources to produce one good that was better suited to produce the original good.

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