Under constant opportunity cost, the production possibility curve is
A)Convex to the origin
B)Straight line
C)Concave to the origin
D)Upward sloping

Name: Under constant opportunity cost, the production possibility curve is A)Convex to the origin B)Straight line C)Concave to the origin D)Upward sloping
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Question

Quizplus · Accepted Answer

Under constant opportunity cost, the production possibility curve is a straight line, indicating that the opportunity cost remains the same regardless of how much of either good is produced.

Under Constant Opportunity Cost, the Production Possibility Curve Is