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30 September, 03:56

The law of increasing opportunity costs is reflected in a production possibilities curve that is

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  1. 30 September, 07:17
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    The answer is concave to the origin.

    Production possibilities curve that concave to the origin represent increasing opportunity cost with increased output of a good.

    This indicates that more people are willing to take risk to open up a new business and increasing the overall productivity in the market.
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