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Question

When the production possibilities curve is concave from the origin, then

 -resources can be used equally

well for both goods.

 -as more of one good is produced, more of the other good is sacrificed.

 -the nation can produce more of both goods.

 -the good on the horizontal axis is a free good.

 -the good on the vertical axis is a free good.

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-as more of one good is... View the full answer

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