Refer to the figure shown,which represents the production possibilities frontiers for Countries A and B.One of the reasons why Country A and Country B are not realistic representations of actual countries is:
A)the production possibilities curves are straight lines; realistic ones would be concave.
B)they only represent the production of two goods.
C)they only represent two countries.
D)All of these statements are true.

Question

Refer to the figure shown,which represents the production possibilities frontiers for Countries A and B.One of the reasons why Country A and Country B are not realistic representations of actual countries is:
A)the production possibilities curves are straight lines; realistic ones would be concave. 
B)they only represent the production of two goods. 
C)they only represent two countries. 
D)All of these statements are true.

Quizplus · Accepted Answer

The Answer of  Refer to the figure shown,which represents the production possibilities frontiers for Countries A and B.One of the reasons why Country A and Country B are not realistic representations of actual countries is:
A)the production possibilities curves are straight lines; realistic ones would be concave. 
B)they only represent the production of two goods. 
C)they only represent two countries. 
D)All of these statements are true.

Refer to the Figure Shown,which Represents the Production Possibilities Frontiers