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CHAPTER PowerPoint Presentation

CHAPTER

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CHAPTER

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  1. 2 CHAPTER Production Possibilities, Opportunity Cost, and Economic Growth

  2. EXHIBIT 2-1 The Production Possibilities Curve for Military Goods and Consumer Goods

  3. EXHIBIT 2-2 The Law of Increasing Opportunity Costs

  4. EXHIBIT 2-3 An Outward Shift of the Production Possibilities Curve for Computers and Pizzas

  5. EXHIBIT 2-4 Alpha’s and Beta’s Present and Future Production Possibilities Curves