Wat has increasing costs but xat has constant costs

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Xat's Production Possibilities Product A B C D E F Rice 2,500 2,000 1,500 1,000 500 0 Corn 0 100 200 300 400 500 Multiple Choice Xat's opportunity-cost ratio for corn is 1C ≡ 3R and Wat's opportunity-cost ratio is 1C ≡ 5R. Wat's opportunity-cost ratio for corn is 1C ≡ 3R and Xat's opportunity-cost ratio is 1C ≡ 5R. Both nations have concave-to-the-origin production possibilities curves. Wat has increasing costs but Xat has constant costs.

Reference no: EM133637277

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