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    opportunity costs

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    Production Alternatives
    Type of production A B C D E
    Automobiles 0 2 4 6 8
    Forklifts 30 27 21 12 0

    A. Upon what specific assumption is this possibilities curve based? If the economy is at point C, what is the cost of one more automobile and forklift? Explain how the production possibilities curve reflects the law of increasing opportunity cost.

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    https://brainmass.com/economics/production/specific-assumptions-possibilities-curve-based-165528

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    The opportunity costs are assessed.

    $2.19