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12 questions from this quiz
Benefit forgone from next best alternative
Choosing one option requires giving up another
Maximum output combinations of two goods
Reallocation of resources between goods
Due to law of increasing opportunity costs
It increases
Factors of production underutilised
Improved quality/quantity of factors
Unsustainable development
Technology improving for one good only
Opportunity cost
8,000 bushels of corn foregone
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