A production possibilities frontier has a downward slope because
A) increased production of one good always reduces the additional profit of production.
B) decreased production of one good is associated with lower profit from that good.
C) economists have a negative view of life and human nature.
D) increased production of one good always reduces production of the other.
E) increased production of one good necessarily causes production of other goods to increase.
Correct Answer:
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Q167: Table 3-2 Q168: If production involves decreasing opportunity cost, the Q169: The opportunity cost of increased production of Q170: Which of the following is likely to Q171: Which principle states that as the production Q173: A production possibilities curve always slopes downward Q174: How are the slope of a production
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