If an economy has to sacrifice only one unit of good X for each unit of good Y produced throughout the relevant range,then its production possibility frontier has a(n):
A)zero slope.
B)constant negative slope.
C)increasing negative slope.
D)decreasing negative slope.

Question

Quizplus · Accepted Answer

A constant trade-off of one unit of good X for one unit of good Y implies a constant opportunity cost, which is represented graphically by a straight line with a constant negative slope.

If an Economy Has to Sacrifice Only One Unit of Good