The Negative Slope of the Production Possibilities Curve Is a Graphical

Multiple Choice

The negative slope of the production possibilities curve is a graphical way of indicating that:

A) any economy "can have its cake and eat it too."
B) to produce more of one product we must accept less of another.
C) the principle of increasing opportunity costs does not apply to the economy as a whole.
D) consumers buy more when prices are low than they do when prices are high.