If additional units of any good could be produced at a constant opportunity cost,the production possibilities frontier would be
A)bowed inward.
B)bowed outward.
C)positively sloped.
D)negatively sloped.
E)linear.

Question

Quizplus · Accepted Answer

When additional units of a good can be produced at a constant opportunity cost, the production possibilities frontier would be linear. This means that the trade-off between producing one good over the other is constant since resources are equally efficient in producing both goods. As a result, the production possibilities frontier is a straight line with a constant negative slope.

If Additional Units of Any Good Could Be Produced at a Constant