If the production possibilities curve is a downward sloping straight line, then
A) resources are highly specialized, making it difficult to use them for alternative uses.
B) technological change has increased.
C) production is efficient only when producing at the mid-point.
D) all resources must be perfectly adaptable for alternative uses.
Correct Answer:
Verified
Q169: A movement along the production possibilities curve
Q170: Which of the following would result in
Q171: The curve that represents all possible combinations
Q172: A straight-line production possibilities curve has
A) an
Q173: Using the above table but now the
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