The slope of the production possibilities curves tells you
A) how much of one good must be sacrificed in order to produce more of the other.
B) the size of the labor force.
C) the quantity of all inputs available for productive uses.
D) the length of time required to switch between two different economic activities.
Correct Answer:
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Q16: Q17: Q18: Q19: Economic growth results from Q20: The downward-slope of the production possibilities curve Q22: What might cause a country to operate Q23: When economists assume that people are motivated Q24: The production possibilities curve represents Q25: Which one of the following statements is Q26: In moving from point to point along Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) lower prices.
B) higher
A) possible combinations
