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Question
demonstrating opportunity cost is done through production
analysis.
possibility.
calculation.
research.
Brief Explanations
Opportunity cost, which refers to the value of the next best alternative forgone, is visually and conceptually demonstrated using the production possibilities frontier (PPF). The PPF shows the maximum combinations of two goods an economy can produce, and moving along it illustrates the trade-off (opportunity cost) of producing more of one good over the other.
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B. possibility