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CFA Level 1 Exam
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CFA Level 1 Exam
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Question No. 1
The opportunity cost of producing a good:
Choose the correct option from the given list.
generally decreases as the country produces more and more of the good.
is not dependent on the marginal cost of producing the good.
generally increases as the country produces more and more of the good.
is usually uniform across countries.
none of these answers.
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