The slope of the production possibility frontier shows
A) how inputs must be changed to keep them fully employed.
B) the technically efficient combinations of the two goods.
C) how demanders are willing to trade one good for another.
D) the opportunity cost of one good in terms of the other.
Correct Answer:
Verified
Q1: The X-intercept of
Q2: Graphically,the solution to a system of two
Q4: The Y-intercept of
Q5: If society is producing a combination of
Q6: The slope of a nonlinear function at
Q7: In the equation
Q8: Positive economic analysis
A)involves the study of firms
Q9: A major problem that may occur with
Q10: For the equation
Q11: For the equation
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