Which of the following characteristics of a PPF indicates that tradeoffs must be made?
A)the downward slope
B)the upward slope
C)the constant slope
D)the curvature

Name: Which of the following characteristics of a PPF indicates that tradeoffs must be made? A)the downward slope B)the upward slope C)the constant slope D)the curvature
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Question

Which of the following characteristics of a PPF indicates that tradeoffs must be made?
A)the downward slope 
B)the upward slope 
C)the constant slope 
D)the curvature

Quizplus · Accepted Answer

The downward slope of the PPF indicates that tradeoffs must be made, as the production of more of one good requires sacrificing the production of the other.

Which of the Following Characteristics of a PPF Indicates That