If an economy takes advantage of the comparative advantage of some resources over others,the slope of its production possibilities curve is likely to be
A) negative and constant.
B) positive and constant.
C) negative,but not constant.
D) positive,but not constant.
E) zero.

Question

Quizplus · Accepted Answer

The slope of the production possibilities curve is negative, but not constant, because as an economy specializes in the production of goods for which it has a comparative advantage, the opportunity cost of producing additional units of that good increases, leading to a bowed-out shape.

If an Economy Takes Advantage of the Comparative Advantage of Some