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    Illustration of Opportunity Cost & the PPC

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    Please help with the following questions.

    Does the PPC illustrate increasing or decreasing opportunity cost?

    What is the opportunity cost for this student for the additional amount of study time on economics required to mover her grade form 60 to 70?

    What is the opportunity cost for this student for the additional amount of study time on economics required to mover her grade from 90 to 100?

    Economics Biology
    100 40
    90 60
    80 75
    70 85
    60 93
    50 98
    40 100

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    https://brainmass.com/economics/microeconomics/illustration-of-opportunity-cost-the-ppc-446728

    Solution Preview

    See the attached file for the graph.

    >Does the PPC illustrate increasing or decreasing opportunity cost?

    Increasing. To continue to ...

    Solution Summary

    This solution illustrates the production possibilities curve (PPC) of a student who must divide her time between studying for two exams.

    $2.19