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Cataloged Resource Summary

 

Title

Production Possibilities and Opportunity Cost

Author

Ted Black

Category

Production and Firm Behavior

Type

Interactive Tutorial

Description

Explains the concept of opportunity cost through a graph of production possibilities. You are able to use various examples to create a graph of your own.

URL

http://nova.umuc.edu/~black/ec2.html

Home URL

http://nova.umuc.edu/~black/pageg.html
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