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    PPF: Output of Consumer and Military Goods

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    See the attachment. What is the opportunity cost of increasing consumer output from OF to OD? Be specific.

    © BrainMass Inc. brainmass.com October 10, 2019, 5:33 am ad1c9bdddf


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    When the economy is producing OF units of consumer goods, it must be producing OG units of military goods. When ...

    Solution Summary

    This solution uses a graphic to illustrate the opportunity cost of increasing the output of consumer goods.