The bowed production possibilities curve represents:
a. constant opportunity costs
b. decreasing opportunity costs.
c. increasing opportunity costs.
d. none of the above
c
Economics
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What kind of garbage tends to be recycled in the United States?
a. hazardous materials that must be transformed chemically into less dangerous substances b. biodegradable materials c. foodstuffs d. aluminum, paper, and other materials that have high commercial value e. appliances that can be salvaged from dumps and repaired
Economics
Carefully distinguish between an economic theory and economic model
Economics