Refer to the accompanying figure. As the production of pizza increases, the opportunity cost of producing pizza:
A)doesn't change.
B)decreases.
C)increases.
D)becomes negative.

Name: Refer to the accompanying figure. As the production of pizza increases, the opportunity cost of producing pizza: A)doesn't change. B)decreases. C)increases. D)becomes negative.
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Question

Refer to the accompanying figure. As the production of pizza increases, the opportunity cost of producing pizza: 
A)doesn't change. 
B)decreases. 
C)increases. 
D)becomes negative.

Quizplus · Accepted Answer

The fact that the production possibilities curve is bow-shaped reflects increasing opportunity costs.

Refer to the Accompanying Figure