If two goods use the same resources and the same technology, the production possibilities curve between the two goods will have a positive slope.

Name: If two goods use the same resources and the same technology, the production possibilities curve between the two goods will have a positive slope.
Brand: Quizplus
Rating: 5.0 (39 reviews)

Question

Quizplus · Accepted Answer

The production possibilities curve (PPC) between two goods that use the same resources and technology will typically have a negative slope, indicating the trade-off between producing one good over the other.

If Two Goods Use the Same Resources and the Same