Solved

On a Diagram of a Production Possibilities Boundary,the Concept of Choice

Question 24

Multiple Choice

On a diagram of a production possibilities boundary,the concept of choice is illustrated by the


A) negative slope of the boundary.
B) unattainable combinations outside the boundary.
C) need to select among the alternative attainable points along or inside the boundary.
D) the concave shape of the boundary.
E) the distance from the origin to the boundary.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions