Along a production possibilities curve,an increase in the production of one type of good can be accomplished only by:
A) decreasing the production of the other type of good.
B) increasing the production of the other type of good.
C) holding constant the production of the other type of good.
D) decreasing the price of the other type of good.

Question

Quizplus · Accepted Answer

The production possibilities curve represents the trade-offs between two goods. Increasing the production of one good requires reallocating resources, which decreases the production of the other good.

Along a Production Possibilities Curve,an Increase in the Production of One