-Refer to Exhibit 2-2.The production possibilities frontiers shown in this exhibit depict _______________ opportunity costs.
A) constant
B) increasing
C) decreasing
D) There is not enough information provided to answer this question.

Question

-Refer to Exhibit 2-2.The production possibilities frontiers shown in this exhibit depict _______________ opportunity costs.
A) constant 
B) increasing 
C) decreasing 
D) There is not enough information provided to answer this question.

Quizplus · Accepted Answer

The production possibilities frontiers typically depict increasing opportunity costs when they are bowed outwards, indicating that as more of one good is produced, larger amounts of the other good must be given up.