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It is also called the marginal “opportunity cost” of a commodity, that is, it is the opportunity cost of X in terms of Y at the margin. Often, governments will try to intervene in uncompetitive markets to make them more competitive. Norton, Solution Manual for Financial Accounting: Rittenberg, Karla Johnstone, Audrey Gramling.
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South-western federal taxation A PPF production possibility frontier typically takes the form of the curve illustrated above. We are proud to say that as per December 1st, we have in our collections: If the shape of the PPF curve is a straight-line, the opportunity cost is constant as production of different goods is psitive.
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