If a country is subject to increasing opportunity costs,its national supply curve (i.e.the locus of national output levels of S at various relative prices of S. will have a ________ slope.
A)flat
B)positive
C)negative
D)bowed out

Question

Quizplus · Accepted Answer

Under increasing opportunity costs, as more of a good is produced, the opportunity cost of producing additional units increases, leading to a positive slope in the national supply curve.

If a Country Is Subject to Increasing Opportunity Costs,its National