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Question
- study questions and problems #8
generally, workers are better at some things than others. this means that workers ____ be perfectly substituted for each other in a production process. this causes __ opportunity costs. because opportunity costs behave this way, the production possibility frontier ____
Workers have different skills, so they cannot be perfectly substituted. This leads to increasing opportunity - costs as resources are re - allocated between different production activities. The increasing opportunity costs cause the production possibility frontier to be bowed - out.
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cannot; increasing; is bowed - out