-If you were to draw a production possibilities curve based on these numbers, the curve would:
A) be a straight line.
B) slope downward to the right.
C) identify which of the possible combinations of capital goods and consumer goods is best for this economy.
D) all of the above.

Question

-If you were to draw a production possibilities curve based on these numbers, the curve would:
A) be a straight line. 
B) slope downward to the right. 
C) identify which of the possible combinations of capital goods and consumer goods is best for this economy. 
D) all of the above.

Quizplus · Accepted Answer

A production possibilities curve typically slopes downward to the right, illustrating the trade-off between producing one good over another. This curve does not determine the best combination of goods for an economy (that's a question of economic priorities and policy) nor is it necessarily a straight line, as the opportunity cost can vary at different points along the curve.

-If You Were to Draw a Production Possibilities Curve Based