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Exhibit 2-9 Production Possibilities Curve Movement Along This Production Possibilities

Question 120

Multiple Choice

Exhibit 2-9 Production possibilities curve Exhibit 2-9 Production possibilities curve Movement along this production possibilities curve shown in Exhibit 2-9 indicates: A) that labor is not equally productive or homogeneous (nonhomogeneous) . B) decreasing opportunity costs. C) all inputs are homogeneous. D) all of the above. Movement along this production possibilities curve shown in Exhibit 2-9 indicates:

A) that labor is not equally productive or homogeneous (nonhomogeneous) .
B) decreasing opportunity costs.
C) all inputs are homogeneous.
D) all of the above.

Correct Answer: