What happens to the opportunity cost of producing more

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Problem: Suppose Bubba Crab is currently producing at point D. What is the opportunity cost of producing an aditional 10,000 pounds of salmon? Suppose Bubba Grab is currently producing at point E. What happens to the opportunity cost of producing more and more shrimp? Are you giving up more, less, or the same? Suppose Bubba Crab is currently producing at point C. What happens to the opportunity cost of producing more and more salmon? Are you giving up more, less, or the same? Suppose Bubba Crab adopts a new technology that improves their ability to get Salmon AND Shrimp. How would Bubba Crab's PPF change?

Reference no: EM133660923

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