The nation of Billabong is able to produce surfboards and kayaks in combinations represented by the data

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The nation of Billabong is able to produce surfboards and kayaks in combinations represented by the data in the following table. Each number represents thousands of units. Plot this data on a production possibilities graph and explain why the data shows that Billabong experiences increasing opportunity costs.

B D 20 24 40 18 60 10 Surfboards Kayaks 28


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Principles of Macroeconomics

ISBN: 978-0134078809

12th edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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