Multiple Choice
If there is always a three- for- one trade- off between the production of goods X and Y,then the production possibilities boundary for X and Y is
A) a downward- sloping curve concave to the origin.
B) a downward- sloping straight line.
C) semi- circular.
D) a downward- sloping straight line that is broken at one point.
E) a downward- sloping curve convex to the origin.
Correct Answer:
Verified
Correct Answer:
Verified
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