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Microeconomics

Course: Microeconomics > Unit 1

Lesson 3: Production possibilities frontier
Economics
Microeconomics
Basic economic concepts
Production possibilities frontier
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Calculating opportunity costs from a production possibilities curve (PPC)

Google Classroom

Problem

The production possibilities curve shown here indicates Theo’s tradeoffs when he produces model cars or scary masks. He is currently using all of his resources efficiently.
What is the opportunity cost of a scary mask?
Choose 1 answer:
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