Multiple Choice
If a country's production possibilities boundary is drawn as a straight (downward- sloping) line it indicates
A) the use of the scarce resources in an economy.
B) constant opportunity cost of producing more of either good.
C) increasing opportunity cost of producing more of either good.
D) decreasing opportunity cost of producing more of either good.
E) an unfair distribution of resources in an economy.
Correct Answer:

Verified
Correct Answer:
Verified
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