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Economics
Introduction to Microeconomics
CBSE
Class 12
Economics
Class 12 - Economics
Introduction to Microeconomics
MCQ
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1.
If the PPF is linear, i.e., a straight line, which one of the following statements is true?
a.
As the production of a good increases, the opportunity cost of that good rises.
b.
As the production of a good increases, the opportunity cost of that good falls.
c.
Opportunity costs are constant.
d.
The economy is not at full employment when operating on the PPF.
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