Solved

If a Production Possibility Frontier Is a Straight Line,it Tells

Question 49

Multiple Choice

If a production possibility frontier is a straight line,it tells us that the opportunity cost of producing one more unit of good X is:

A) an increasing amount of good Y.
B) a decreasing amount of good Y.
C) equal to the inverse of the amount of good Y.
D) a constant amount of good Y.

Related Questions

Q44: Suppose Poland is producing on its production

Q45: A production possibility frontier that is a

Q46: Bangladesh produces much of the clothing we

Q47: If an economy has to sacrifice only

Q48: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q50: "Teachers in northern New Hampshire should earn

Q51: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q52: An economy that has the LOWEST opportunity

Q53: In building models,economists avoid making any assumptions

Q54: Which statement is normative?<br>A)Government has grown too