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Demonstrating opportunity cost is done through production
analysis.
possibility.
calculation.
research.
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Possibility.
Specifically, the production possibilities (curve/frontier) demonstrates opportunity cost by showing the trade-offs between producing different goods — moving along the curve shows what must be given up to gain more of the other good.
Specifically, the production possibilities (curve/frontier) demonstrates opportunity cost by showing the trade-offs between producing different goods — moving along the curve shows what must be given up to gain more of the other good.
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