If the production possibilities frontier is linear,then
A) opportunity costs are decreasing as more of one good is produced.
B) it is easy to efficiently produce output.
C) opportunity costs are increasing as more of one good is produced.
D) opportunity costs are constant as more of one good is produced.
Correct Answer:
Verified
Q7: Figure 2-2 Q8: Figure 2-2 Q9: Figure 2-2 Q10: The production possibilities frontier assumes all of Q11: Figure 2-1 Q13: Figure 2-1 Q14: The production possibilities frontier shows Q15: _ exists because unlimited wants exceed the Q16: Figure 2-1 Q17: Figure 2-2 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)the various products