If there were decreasing opportunity costs,then the slope of the production possibilities curve would be
A) increasing as one moves down the curve.
B) constant as one moves down the curve.
C) decreasing as one moves down the curve.
D) positive.
E) infinite.

Question

Quizplus · Accepted Answer

When there are decreasing opportunity costs, it means that as more of one good is produced, the amount of the other good that must be given up decreases. Therefore, the slope of the production possibilities curve becomes less steep, or in other words, it decreases as one moves down the curve.

If There Were Decreasing Opportunity Costs,then the Slope of the Production