If an economy experiences increasing opportunity costs with respect to two goods,then the production possibilities curve between the two goods will be
A) Bowed outward or concave from below.
B) A straight,downward-sloping line.
C) Bowed inward or convex from below.
D) Bowed outward until the two goods are equal,and then bowed inwarD.A bowed-out production possibilities curve means opportunity costs are increasing as we move from one point to another along the curve.
Correct Answer:
Verified
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