A Straight-Line Production Possibilities Boundary Differs from a Concave Boundary

Multiple Choice

A straight-line production possibilities boundary differs from a concave boundary in which of the following ways?

A) The straight-line boundary illustrates constant opportunity costs,whereas the concave boundary illustrates increasing opportunity costs.
B) The concave boundary illustrates constant opportunity costs,whereas the straight-line boundary illustrates decreasing opportunity costs.
C) The straight-line boundary does not show scarcity,whereas the concave boundary does.
D) The straight-line boundary shows opportunity cost,whereas the concave boundary does not.
E) A straight-line boundary is associated with a command economy,whereas a concave boundary is associated with a free-market economy.