The production possibilities curve for an economy that experiences a constant opportunity cost of production is linear (a straight line).

Question

Quizplus · Accepted Answer

The production possibilities curve for an economy that experiences a constant opportunity cost of production is indeed linear, which means it can be represented by a straight line. This is because the opportunity cost of producing one good in terms of the other remains constant and doesn't change as more of one good is produced, resulting in a constant slope.

The Production Possibilities Curve for an Economy That Experiences a Constant