Q.
If the PPC is linear, i.e., a straight line, which one of the following statement is true?
(a) As the production of a good increase, the opportunity cost of that product rises
(b) As the production of a good increase, the opportunity cost of that product falls
(c) Opportunity cost is constant
(d) The economy is not at full employment when operating on the PPF
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Answer:
linear equations when one variable
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