Economics:
Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
Question
Chapter 2, Problem 12E
To determine

The option with regards to opportunity cost that correctly fills in the blank

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Please explain opportunity costs
Why should the economic decision be based on the objective of making the best use of limited resources?
production possibilities frontier can shift outward if Select one: a. government increases the amount of money in the economy. b. there is a technological improvement. c. the economy abandons inefficient production methods in favour of efficient production methods. d. resources are shifted from the production of one good to the production of the other good.
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